🚲 $BTW takes another leg down — Bitcoin's lending chain is still hunting for a floor
Bitway built a Bitcoin-native Layer 1 for on-chain lending and yield, with YZi Labs behind it and a Binance Wallet booster program that spread 300 million tokens to early users. The chart tells the rest of the story: a spectacular run, a hard rejection, and now another leg lower that sliced through the long-term average which had been holding the whole advance together. When the line that supported the rally breaks, bounces become exits. The next real support sits way down near where the entire run began, and nothing in between has shown buyers. Sell the bounces; this is not a dip with a floor under it.$AKE $BULLA
SHORT
Entry: 0.7200
SL: 0.8300
TP1: 0.5500
TP2: 0.4500
TP3: 0.3500
Bitway built a Bitcoin-native Layer 1 for on-chain lending and yield, with YZi Labs behind it and a Binance Wallet booster program that spread 300 million tokens to early users. The chart tells the rest of the story: a spectacular run, a hard rejection, and now another leg lower that sliced through the long-term average which had been holding the whole advance together. When the line that supported the rally breaks, bounces become exits. The next real support sits way down near where the entire run began, and nothing in between has shown buyers. Sell the bounces; this is not a dip with a floor under it.$AKE $BULLA
SHORT
Entry: 0.7200
SL: 0.8300
TP1: 0.5500
TP2: 0.4500
TP3: 0.3500
