Bias
Right now my bias is:
Short-term: neutral to slightly bullish bounce
Swing bias: still cautious / sell-the-rally until BTW reclaims higher resistance cleanly
This is not a clean trend-following long yet. It’s more of a high-volatility reaction market.
Long setup💡✅
Long idea 1: pullback scalp long
Entry zone: 0.078 – 0.082
This zone has been acting like a reactive support band after the heavy selloff.
Stop loss: 0.0745
If price loses this area, bounce thesis weakens.
Targets:
TP1: 0.088
TP2: 0.096
TP3: 0.105
Long thesis🧾
Price already flushed hard from the local blow-off top and is trying to stabilize.
If BTW holds above 0.078, dip buyers may push it back into the 0.088–0.096 supply zone.
Good only as a tactical bounce long, not a blind hold.
Long idea 2: breakout confirmation long🚀💡
Entry: 4H close above 0.096 or breakout-retest hold
Stop loss: 0.088
Targets:
TP1: 0.110
TP2: 0.124
TP3: 0.140
Why this long is better
If BTW reclaims 0.096, it starts repairing structure and shows buyers are absorbing post-dump supply.
Short setup📉💡✅
Short idea 1: fade resistance
Entry zone: 0.094 – 0.100
This is a key supply/rejection zone from the latest distribution.
Stop loss: 0.106
Targets:
TP1: 0.086
TP2: 0.078
TP3: 0.070
Short thesis
Market is still below major impulse highs.
Sharp 24h drawdown means many trapped buyers may sell into relief rallies.
Unless price reclaims 0.096–0.100 with strength, rallies can still be faded.
Short idea 2: breakdown short📉✅🧾
Entry: Break below 0.074
Stop loss: 0.079
Targets:
TP1: 0.068
TP2: 0.060
TP3: 0.052
Why this matters
If BTW loses 0.074, it likely revisits the lower panic zone near the 24h low and possibly deeper.
Key levels
Support
0.078 – 0.082
0.074
0.068
0.060
Resistance
0.088
0.096 – 0.100
0.105 – 0.110
0.124+
Best plan
If you want the safest approach:
Long only if 0.078–0.082 holds
Short on rejection near 0.094–0.100
Flip bullish only above 0.096/0.100 reclaim
Flip bearish hard below 0.074