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【$BTW Signal】1H breakout continuation, buying pressure deeply surpasses
$BTW 1H MACD bullish but bars are contracting, RSI 70.95 reaches high zone. The order book buy-sell depth ratio is 3.63, buy pressure is 3.5 times that of sell pressure, and capital actively supports the bottom, indicating clear intent. The 4H Bollinger upper band at 0.0773 has been broken, currently trading outside the upper band at 0.0817, with the gap widening. Funding rate is 0.051%, and the bulls and bears are still not at an extreme.
🎯Direction: long
⚡Entry/Order: 0.08147285 - 0.08171800
🛑Stop loss: 0.08090082
🚀Target 1: 0.08294377
🚀Target 2: 0.08355666
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
High RSI does not mean an immediate reversal; the buy pressure provides direct support. The current risk-reward ratio is 1.5, not very attractive but the order book signals are solid. If volume persists, the next resistance test is around 0.0835 above.
Check real-time market 👇 $BTW
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