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【$BTW Signal】Multiple sniper, 1H MACD expansion + high-level support from funding rate
$BTW Deep buy/sell ratio of 0.42, selling pressure is significant. Funding rate at 0.0650%, long positions' cost is rising. 1H MACD histogram at 0.0007 with a bullish_expanded trend, price fluctuating above the Bollinger middle band at 0.0573. The upper Bollinger band at 0.0654 on the 4H chart provides room. Current price at 0.060177, entry zone is clear. Stop loss only 0.6%, risk-reward ratio of 1.5. Focus on breakout or continuation of rebound.
🎯Direction: Long
⚡Entry/Order: 0.05999647 - 0.06017700
🛑Stop loss: 0.05957523
🚀Target 1: 0.06107966
🚀Target 2: 0.06153098
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to breakeven. If price falls back to entry level, automatically exit to protect principal.
With a funding rate of 0.065%, long position maintenance costs are high but price has not fallen, and shorts should be wary of squeeze risk. 1H RSI at 54.58, not overbought, MACD shows a bullish crossover with bars gradually rising. Despite deep sell order book, price has not broken the 4H middle band at 0.0528, support remains. The current range is narrow, momentum is building for a move.
Check real-time market 👇 $BTW
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