$BTR /USDT Perpetual, the asset is in an aggressive vertical markup phase, currently up +48.94% in the last 24 hours. The price is trading at $0.21997, maintaining parabolic momentum and trading significantly above all major moving averages.
$BTR Trade Setup
Bias: LONG
Entry: $0.1870 – $0.2050 (MA 7 retest / Breakout support zone)
Stop-Loss: $0.1630 (Below MA 25)
TP1: $0.2242 (24h High retest)
TP2: $0.2450
TP3: $0.2700
Technical Analysis
The asset has entered a massive price discovery phase, breaking out from a consolidation base near $0.1523 with significant volume expansion. The price is currently supported by a steep rising MA(7) at $0.1869, which serves as the immediate dynamic floor. While the current candle shows strong parabolic characteristics, the lack of a deep rejection at the $0.2242 peak suggests intense buyer conviction. A hold above the $0.2000 psychological level will likely trigger further expansion.
Risk Management
Structure invalidation occurs on a breakdown and close below $0.1638 (MA 25), as this would signal a failure of the current parabolic trend and shift the bias to neutral. Due to the 48% daily move and extreme volatility, avoid chasing at the current peak; favor entries on pullbacks to the MA(7).
#BTR #Bitrue #Binance #TradeCryptosOnX #MarketRebound $PIPPIN


