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Listen Guys $BTR JUST WENT PARABOLIC — AND THIS IS WHERE GREED GETS PUNISHED 👹
I’m going short on $BTR /USDT here 👇
BTR/USDT Short Setup (4H)
Entry Zone: 0.0585 – 0.0605
Stop-Loss: 0.0638
Take Profit Targets:
TP1: 0.0540
TP2: 0.0495
TP3: 0.0448
Why this setup makes sense:
RSI above 80 → extremely overbought, no room for late longs
Vertical expansion candles = exhaustion move, not healthy continuation
Price is far extended from MA25 & MA99, mean reversion likely
Volume spike at the top → classic distribution after a hype push
As long as BTR stays below 0.0628, downside pressure remains dominant.
{future}(BTRUSDT)
#Bitlayer #CPIWatch