$BTW
🔥 Technical Analysis
The coin is currently in a clear uptrend. After a strong rise from the 0.60 – 0.65 zones, it managed to break above 0.72 then 0.80. Now the price is moving near 0.87; therefore, the current trend is still targeting the top at 0.9149.
⚠️ But the most important area to pay attention to is the 0.9149 top, because it’s a resistance zone and a selling liquidity area. Reaching it doesn’t mean entering directly—it's better to wait for the price reaction.
🟢 First Scenario — Breakout of the Top
If the price succeeds in breaking 0.9149 and closes above it, then returns to retest it and manages to turn it into support:
🎯 First target: 0.950
🎯 Second target: 0.980
🎯 Third target: 1.000
Here, we’ll have stronger confirmation for the continuation of the uptrend and the exploration of new levels and peaks.
🔵 Second Scenario — Correction Before the Rise
If the price fails to break 0.9149 and starts a correction, I don’t recommend chasing the price from the top.
The best buying zones are at:
🟢 0.80 – 0.82
🟢 And in case of a deeper correction: 0.72 – 0.74
However, entries from the correction zones should be after stability appears and buyers return—not just because the price reaches those levels.
BTW it is still heading toward the 0.9149 top, and this is currently the most important testing point.
Breakout of 0.9149 + a successful retest = an opportunity to continue the move upward toward new highs.
As for rejection at the top, a correction into support areas may offer better entry opportunities instead of chasing after the rise.
#BTW
🔥 Technical Analysis
The coin is currently in a clear uptrend. After a strong rise from the 0.60 – 0.65 zones, it managed to break above 0.72 then 0.80. Now the price is moving near 0.87; therefore, the current trend is still targeting the top at 0.9149.
⚠️ But the most important area to pay attention to is the 0.9149 top, because it’s a resistance zone and a selling liquidity area. Reaching it doesn’t mean entering directly—it's better to wait for the price reaction.
🟢 First Scenario — Breakout of the Top
If the price succeeds in breaking 0.9149 and closes above it, then returns to retest it and manages to turn it into support:
🎯 First target: 0.950
🎯 Second target: 0.980
🎯 Third target: 1.000
Here, we’ll have stronger confirmation for the continuation of the uptrend and the exploration of new levels and peaks.
🔵 Second Scenario — Correction Before the Rise
If the price fails to break 0.9149 and starts a correction, I don’t recommend chasing the price from the top.
The best buying zones are at:
🟢 0.80 – 0.82
🟢 And in case of a deeper correction: 0.72 – 0.74
However, entries from the correction zones should be after stability appears and buyers return—not just because the price reaches those levels.
BTW it is still heading toward the 0.9149 top, and this is currently the most important testing point.
Breakout of 0.9149 + a successful retest = an opportunity to continue the move upward toward new highs.
As for rejection at the top, a correction into support areas may offer better entry opportunities instead of chasing after the rise.
#BTW
