$BTW surged upward — and a $1.8 million wall appeared right above it at $2.98. That’s 11 times larger than the biggest order in the order book.
Coincidence? Either way, this level deserves close attention.
Large long players are already sitting on $97.5 million in unrealized profits. Their average entry is just $0.51. They have a lot to protect.
Meanwhile, the share of profitable short sellers jumped from 10% to 37% in just a few days, while the crowd keeps adding to long positions: now 28%, up from 24%.
The $2.80 level is holding the first notable sell order, worth $329,000.
A breakout to the upside could force sellers to back off.
A rejection at $2.98 could give fresh shorts a chance to seize the initiative.
The key question is: who will blink first — buyers or sellers?
Coincidence? Either way, this level deserves close attention.
Large long players are already sitting on $97.5 million in unrealized profits. Their average entry is just $0.51. They have a lot to protect.
Meanwhile, the share of profitable short sellers jumped from 10% to 37% in just a few days, while the crowd keeps adding to long positions: now 28%, up from 24%.
The $2.80 level is holding the first notable sell order, worth $329,000.
A breakout to the upside could force sellers to back off.
A rejection at $2.98 could give fresh shorts a chance to seize the initiative.
The key question is: who will blink first — buyers or sellers?