$BTR is currently in a phase of a very sharp decline after previously touching its peak at around $0.23. The sudden massive sell-off has cut its price by more than 50%, and it is now holding near its lowest area at $0.044 - $0.057. This high selling pressure indicates full control is on the sellers’ side, while buying momentum is still very minimal.
The current movement zone is extremely crucial because it is near the lower bound of the day’s low price. If the price fails to hold above $0.044, further downside potential is still very wide open. Opportunities for a trend reversal or a new price increase will be safer to wait for after there is confirmation of a breakout and price stabilization above the $0.08 to $0.1 range.
Dyor ges!!!
chek also $AIA $UAI
#KuwaitAirDefensesRespondToIranianDroneAttacks #DellRisesNearly9%GitLabJumps20%AfterHours #FedHikeOddsRiseTo68%
The current movement zone is extremely crucial because it is near the lower bound of the day’s low price. If the price fails to hold above $0.044, further downside potential is still very wide open. Opportunities for a trend reversal or a new price increase will be safer to wait for after there is confirmation of a breakout and price stabilization above the $0.08 to $0.1 range.
Dyor ges!!!
chek also $AIA $UAI
#KuwaitAirDefensesRespondToIranianDroneAttacks #DellRisesNearly9%GitLabJumps20%AfterHours #FedHikeOddsRiseTo68%
