$BTW /USDT SHORT TRADE SETUP
Entry: 1.6700 – 1.6850 USDT
TP1: 1.6200 USDT
TP2: 1.5600 USDT
TP3: 1.4800 USDT
Stop Loss: 1.7250 USDT
Reason:
• Price hit an all-time high of 1.6985 USDT and faced strong immediate rejection, signaling exhaustion.
• Formation of a local double top / rejection wick near the 1.7000 psychological resistance zone.
• High volatility and a sharp intraday wick down to 1.2450 USDT show heavy two-sided liquidations and aggressive selling pressure.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.
Entry: 1.6700 – 1.6850 USDT
TP1: 1.6200 USDT
TP2: 1.5600 USDT
TP3: 1.4800 USDT
Stop Loss: 1.7250 USDT
Reason:
• Price hit an all-time high of 1.6985 USDT and faced strong immediate rejection, signaling exhaustion.
• Formation of a local double top / rejection wick near the 1.7000 psychological resistance zone.
• High volatility and a sharp intraday wick down to 1.2450 USDT show heavy two-sided liquidations and aggressive selling pressure.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.