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【$BTW Signal】Short 1H surge and fall, selling pressure pressing
$BTW Buy depth of 2.35x still couldn't stop 1H from closing with a long upper shadow. After the high of 0.07293, selling pressure continues to push the price down. The 4H MACD histogram has started to shrink, bullish momentum is fading. Current price 0.06407, 1H RSI dropped from 62 to around 46, order book selling pressure has not weakened.
🎯Direction: Short
⚡Entry/Pending Order: 0.0638778 - 0.0640700
🛑Stop Loss: 0.0647107
🚀Target 1: 0.0631090
🚀Target 2: 0.0626284
🛡Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry point, exit automatically to protect principal.
Orders are dense at 0.064 but sell order volume is rapidly accumulating. Short-term capital is fiercely competing. The risk-reward ratio of going short at this level is not optimal, but the short-term short logic is clear and worth a try.
View real-time market 👇 $BTW
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