Post
Bearish

Why is everyone ignoring the short setup forming inside a range on BTW?



$BTW /USDT - SHORT

Trade Plan:
Entry: 0.747525 – 0.767517
SL: 0.853487
TP1: 0.685546
TP2: 0.637563
TP3: 0.565588

Why this setup?
Why now? The 1d trend is range, which means volatility is compressing and a directional breakout is overdue. The 1h ATR of 0.039986 shows enough raw fuel to reach TP1 at 0.685546 and TP2 at 0.637563 if momentum holds. The 15m RSI at 65.98 is not overbought yet, so the short can be ridden without immediate exhaustion. Entry sits at the 1h price of 0.757521, with the invalidation level at 0.547287 acting as the hard line in the sand.

Debate:
Are we testing TP2 or is this range about to trap the shorts?

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BTWBTW+36.61%


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discovery
17 minutes ago
How much upside is left ?
0
discovery
17 minutes ago
First Review
Interesting 👀
0