🔻 $BTW is showing clear signs of distribution after an exhaustion pump, with sellers taking control as smart money positions short from the highs.

📉 Trading Plan Short $BTW

🎯 Entry: 0.040 — 0.042

🛑 Stop Loss: 0.0455

✅ TP1: 0.036

✅ TP2: 0.031

✅ TP3: 0.026

Basis is deeply negative (-0.0016) confirming futures trading at discount to spot — a textbook short signal. OI peaked at 109M and rolled sharply to ~93M with price, confirming distribution not accumulation. Top trader accounts sitting at 0.68 L/S ratio = majority of smart money already short. Price printed +105% intraday and is now forming clear lower highs on 1H and 15M after exhaustion at 0.048 — classic dead cat bounce structure with liq clusters below as downside fuel.

⚠️ Manage your risk properly and never risk more than you can afford to lose.

#BTWUSDT #CryptoTrading #BinanceSquare #Altcoins #TradingSignals

Conviction: 76%

BTWUSDT

Perp

0.055203

+21.88%