$BTW 5 minutes -2.87%, current price 1.7206. If you're looking to buy the dip, ask yourself three questions first:
① Is the 24h low of 1.502 holding as support, and are there signs of stabilization?
② This was a sudden, sharp drop. What will you do if it falls further?
③ Are you ready with a position size? How will you exit if you're wrong?
If you can't answer these, it's better to wait and see.
① Is the 24h low of 1.502 holding as support, and are there signs of stabilization?
② This was a sudden, sharp drop. What will you do if it falls further?
③ Are you ready with a position size? How will you exit if you're wrong?
If you can't answer these, it's better to wait and see.