Currency $BTR
Returns to show strength on the daily frame 👀🔥
After rejecting the peak at 0.1668, the price retreated but has maintained trading above the MA25 and MA99 averages. Currently, we are witnessing a strong bullish candle pushing the price again towards the 0.14 area. The price structure still shows higher highs and higher lows — and buyers are clearly defending the retracements.
Current price: 0.136
If the daily candle closes above 0.142, we may see an extension towards 0.155–0.165.
However, if there is another rejection from the 0.14 area, a short-term correction may occur.
Trading plan:
Entry area: 0.128–0.136
First target: 0.155
Second target: 0.165
Stop loss: 0.112
The RSI indicator is in high regions, so it's preferable not to chase large green candles. The best entry points are usually after slight retracements. Always make sure to manage risk.