Which should you choose now:
$BTW or
$BONK ? Here’s my take.
$BTW current price 0.7088: MACD is a bearish crossover pointing downward. I’m looking for a bounce to short at 0.7490, stop-loss at 0.7684, targeting 0.7017. The 20-day line at 0.7310 is already overhead; if the rebound can’t break above it, the shorts are in control. RSI is 42—there’s no real strength behind any pullback.
$BONK current price 0.00000270: RSI is at 64—overheated, like it’s hot to touch. This rally came up too fast. The price is still above the 20-day line at 0.00000264, but it’s very close; if it breaks below, the shorts will likely take over. Up 6.7% in the last 24 hours.
Neither one is strong. If you force me to choose, the short entry for
$BONK is clearer.
Bottom line: plan your trade, trade your plan. The levels are laid out here—manage your own position size.
Funding rate is +0.0244%. Longs and shorts are fairly balanced; nothing extreme.
When it reaches 0.7017, cut the position in half; then decide whether to hold the rest.
RSI is 64—there’s no volume coming in, so it can’t push upward. When it reaches 0.00000264, cut the position in half; the rest depends on whether it can be driven down to 0.00000244.
If you made it this far, you’re the real deal—give it a like.
#BTW #BONK
$BTW $BONK $ARB