$BTW (Bitway) Rebounds From the Lows and Reclaims the MA(25) After a Choppy Session
$BTW is trading at $1.05382, down 2.66% on the day, with a 24h high of $1.14886 and a low of $0.98455. The 1h chart shows price bottoming near $0.98635 and then stringing together a run of green candles, pushing the latest print to around $1.05714.
The recovery has been strong enough to lift price above both the MA(7) at 1.01739 and the MA(25) at 1.04393. The MA(99) at 1.08698 is still sloping down overhead, so the larger structure remains under pressure until price can break through that level. For now, this looks like a solid short-term recovery inside a broader downtrend.
On the data side, market cap is $3.18B with an FDV of $10.54B. 24h volume is $2.41M across 34,972 transactions, with 43,693 holders and on-chain liquidity of about $2.95M. Volume on the recent bounce is fairly light compared with the earlier sessions, so buyers will need to show more conviction to sustain the move.
I’m watching the 1.04 to 1.045 zone as the first support, since a hold above the MA(25) keeps the rebound intact. On the upside, 1.085 to 1.09 is the key area to reclaim, with the 1.12 to 1.147 region as the next resistance. A loss of 1.01 would put the 0.986 low back in focus. Not financial advice, just my read of the chart. Always do your own research.
#BTW #Bitway #CryptoAnalysis #BinanceAlpha #TechnicalAnalysis
$BTW
$BTW is trading at $1.05382, down 2.66% on the day, with a 24h high of $1.14886 and a low of $0.98455. The 1h chart shows price bottoming near $0.98635 and then stringing together a run of green candles, pushing the latest print to around $1.05714.
The recovery has been strong enough to lift price above both the MA(7) at 1.01739 and the MA(25) at 1.04393. The MA(99) at 1.08698 is still sloping down overhead, so the larger structure remains under pressure until price can break through that level. For now, this looks like a solid short-term recovery inside a broader downtrend.
On the data side, market cap is $3.18B with an FDV of $10.54B. 24h volume is $2.41M across 34,972 transactions, with 43,693 holders and on-chain liquidity of about $2.95M. Volume on the recent bounce is fairly light compared with the earlier sessions, so buyers will need to show more conviction to sustain the move.
I’m watching the 1.04 to 1.045 zone as the first support, since a hold above the MA(25) keeps the rebound intact. On the upside, 1.085 to 1.09 is the key area to reclaim, with the 1.12 to 1.147 region as the next resistance. A loss of 1.01 would put the 0.986 low back in focus. Not financial advice, just my read of the chart. Always do your own research.
#BTW #Bitway #CryptoAnalysis #BinanceAlpha #TechnicalAnalysis
$BTW
