$BTW — BLEEDING OUT OR READY FOR A REBOUND? 👀
BTW just got absolutely hammered, dumping from a high of $1.378 all the way down to $0.752 in a brutal sell-off. It's now trying to catch its breath at $0.941.
Reclaim and hold above $1.105 → a bounce back toward the recent highs becomes possible.
Lose $0.850 → the bleeding continues and the next stop could be $0.642.
For now, the sellers are firmly in control and the structure is broken. $1.105 is the level to reclaim if buyers want to turn this around.
BTW just got absolutely hammered, dumping from a high of $1.378 all the way down to $0.752 in a brutal sell-off. It's now trying to catch its breath at $0.941.
Reclaim and hold above $1.105 → a bounce back toward the recent highs becomes possible.
Lose $0.850 → the bleeding continues and the next stop could be $0.642.
For now, the sellers are firmly in control and the structure is broken. $1.105 is the level to reclaim if buyers want to turn this around.
