Bitway is showing strong bullish momentum after a massive recovery from its 0.005000 lows. The price is currently trading above its short-term moving averages on the 4-hour chart, indicating a stable uptrend and growing investor confidence.
Current Price 0.01282
Support Zone 0.01120 to 0.01180
Target 1 TP 0.01385
Target 2 TP 0.01550
Stop Loss SL 0.01040
Suggestion
The trend is clearly bullish as the price consolidates above the MA25. A breakout above the recent local high of 0.01385 would confirm the continuation of this rally. This is a good opportunity to hold as long as the price remains above the 0.01178 support level.