$BTW — RECOVERY MODE IS ON, BUT THE KEY LEVELS MATTER
After falling from the $2.75 region toward $1.60, BTW has started showing signs of recovery as buyers stepped in around major support.
The bounce is encouraging, but bulls still need to break through nearby resistance to confirm that the recovery has enough strength to continue.
KEY LEVELS TO WATCH
Major Support: $1.60
First Resistance: $2.05
Upside Target 1: $2.20
Upside Target 2: $2.35
My outlook remains cautiously bullish as long as BTW holds above $1.60. If buyers regain control and push through $2.05, the price could move toward $2.20, with $2.35 as the next level to watch.
However, a breakdown below $1.60 would weaken the recovery setup and could bring further downside pressure.
For now, the bounce is a positive sign, but confirmation is still needed before expecting a stronger move higher.
Can BTW reclaim its lost ground and make a run toward $2.35?
Keep $BTW on your radar.
After falling from the $2.75 region toward $1.60, BTW has started showing signs of recovery as buyers stepped in around major support.
The bounce is encouraging, but bulls still need to break through nearby resistance to confirm that the recovery has enough strength to continue.
KEY LEVELS TO WATCH
Major Support: $1.60
First Resistance: $2.05
Upside Target 1: $2.20
Upside Target 2: $2.35
My outlook remains cautiously bullish as long as BTW holds above $1.60. If buyers regain control and push through $2.05, the price could move toward $2.20, with $2.35 as the next level to watch.
However, a breakdown below $1.60 would weaken the recovery setup and could bring further downside pressure.
For now, the bounce is a positive sign, but confirmation is still needed before expecting a stronger move higher.
Can BTW reclaim its lost ground and make a run toward $2.35?
Keep $BTW on your radar.