Short $BTR : watching 0.05028–0.05040 on the 4H
This is resistance sellers must defend. I'm waiting for a rejection to enter short.
Why it's on my radar:
- Daily trend is down, overall momentum favors shorts.
- 4H price is above EMA50 at 0.0491, but that's a fade against the trend.
- Risk is 1.4% to SL for 2.2% to TP3, offering about 1.6R.
🔴 SHORT · Entry 0.05028–0.05040 · TP 0.04992 / 0.04964 / 0.04922 · SL 0.05104
NFA · DYOR
This is resistance sellers must defend. I'm waiting for a rejection to enter short.
Why it's on my radar:
- Daily trend is down, overall momentum favors shorts.
- 4H price is above EMA50 at 0.0491, but that's a fade against the trend.
- Risk is 1.4% to SL for 2.2% to TP3, offering about 1.6R.
🔴 SHORT · Entry 0.05028–0.05040 · TP 0.04992 / 0.04964 / 0.04922 · SL 0.05104
NFA · DYOR