$BTW — RETEST PHASE IS TAKING OVER
BTW is now showing clear weakness after the strong rally and rejection from the recent top.
Price is struggling to hold the $0.64 area, and for now the short-term momentum is leaning bearish.
Current view:
Bearish pressure is dominating
Retest and correction phase is active
$0.60–$0.62 is the key zone to watch
A break below that area could open a deeper pullback
The bigger move was already very strong, so some cooling is completely normal.
For now, I’m not chasing longs.
Let the correction finish first, then we look for the next clean setup.
$BTW
BTW is now showing clear weakness after the strong rally and rejection from the recent top.
Price is struggling to hold the $0.64 area, and for now the short-term momentum is leaning bearish.
Current view:
Bearish pressure is dominating
Retest and correction phase is active
$0.60–$0.62 is the key zone to watch
A break below that area could open a deeper pullback
The bigger move was already very strong, so some cooling is completely normal.
For now, I’m not chasing longs.
Let the correction finish first, then we look for the next clean setup.
$BTW