$BTW My Next Million-Dollar Configuration Is Here! Don't Miss This One! 🚨🚨
Guys, $BTW has bounced back from $0.87, but I'm still not fully convinced this recovery can continue. The 1H chart is struggling below the MA99 near $1.074, and that's making me cautious.
Here's what caught my attention: around 57% of accounts are short, top trader ratios are also below 1, funding is slightly positive at +0.005%, and OI has recovered toward $16M. That's a lot of shorts in the market. Honestly, I wouldn't be surprised if BTW suddenly pumps again and squeezes them.
The liquidation maps show liquidity around $1.05–$1.06, then $1.08–$1.12 on the upside. Below, we're watching $1.00–$0.98, $0.95–$0.92 and $0.90–$0.87.
But here's why I'm worried: futures CVD is +37.1M and spot CVD is +9.9M. Futures order book delta is +23.9K, while overall delta is -75. Buying pressure isn't completely gone.
Flows aren't looking great either. 24H futures net flow is -$442.61K, while spot flow is +$148.75K. More importantly, recent 1H and 4H spot flows are negative.
My personal lean is SHORT, but guys, please don't rush into it. I see a possible downside move, but another short squeeze could hurt anyone entering too early.
My BTW SHORT configuration
Currentpl entry: $1.025–$1.035
Recommended entry: $1.06–$1.075
Upper bounce zone: $1.09–$1.12
TP1: $0.96
TP2: $0.85
TP3: $0.78
SL: $1.17
Confirmation: Wait for rejection around the entry zone and a 1H candle close below $1.00. I want to see spot selling continue before adding to the position.
One more thing, guys: volume is low, so this could easily turn into hours of sideways movement. Personally, I'd rather miss an early entry than get caught in a sudden squeeze.
Let's be patient. I want a good RR setup, not a trade that puts our capital at risk. 🐱
Guys, $BTW has bounced back from $0.87, but I'm still not fully convinced this recovery can continue. The 1H chart is struggling below the MA99 near $1.074, and that's making me cautious.
Here's what caught my attention: around 57% of accounts are short, top trader ratios are also below 1, funding is slightly positive at +0.005%, and OI has recovered toward $16M. That's a lot of shorts in the market. Honestly, I wouldn't be surprised if BTW suddenly pumps again and squeezes them.
The liquidation maps show liquidity around $1.05–$1.06, then $1.08–$1.12 on the upside. Below, we're watching $1.00–$0.98, $0.95–$0.92 and $0.90–$0.87.
But here's why I'm worried: futures CVD is +37.1M and spot CVD is +9.9M. Futures order book delta is +23.9K, while overall delta is -75. Buying pressure isn't completely gone.
Flows aren't looking great either. 24H futures net flow is -$442.61K, while spot flow is +$148.75K. More importantly, recent 1H and 4H spot flows are negative.
My personal lean is SHORT, but guys, please don't rush into it. I see a possible downside move, but another short squeeze could hurt anyone entering too early.
My BTW SHORT configuration
Currentpl entry: $1.025–$1.035
Recommended entry: $1.06–$1.075
Upper bounce zone: $1.09–$1.12
TP1: $0.96
TP2: $0.85
TP3: $0.78
SL: $1.17
Confirmation: Wait for rejection around the entry zone and a 1H candle close below $1.00. I want to see spot selling continue before adding to the position.
One more thing, guys: volume is low, so this could easily turn into hours of sideways movement. Personally, I'd rather miss an early entry than get caught in a sudden squeeze.
Let's be patient. I want a good RR setup, not a trade that puts our capital at risk. 🐱
