$BTW Bitway $0.9576 -31.24% Big drop after the leap—those who chased the price get buried
Project dossier: BTW. In the early stage, the rally was splendid—within 30 days it nearly doubled. But then a single massive long bearish candle shattered the uptrend channel, ending the bulls’ dream.
Data: current price $0.9576; 24h high $1.7662, low $0.8646; volume 1.7682B BTW / 2.1385B USDT—massive selloff with increased volume. Today -31.24%. At the high end, the huge volume turnover indicates the main players left cleanly.
74.71% of long positions—retail investors are still stubbornly holding on, not realizing they’ve picked up the last baton.
Poisonous take: BTW? The crazier it rose, the more miserable it fell. A massive bearish candle at the top—trend is already dead. Don’t be the bag holder.
Trading plan — Short
Entry zone: 0.9700 – 1.0000
Stop loss: 1.0800
Take profit 1: 0.8800
Take profit 2: 0.8000
Take profit 3: 0.7200
#btw
Project dossier: BTW. In the early stage, the rally was splendid—within 30 days it nearly doubled. But then a single massive long bearish candle shattered the uptrend channel, ending the bulls’ dream.
Data: current price $0.9576; 24h high $1.7662, low $0.8646; volume 1.7682B BTW / 2.1385B USDT—massive selloff with increased volume. Today -31.24%. At the high end, the huge volume turnover indicates the main players left cleanly.
74.71% of long positions—retail investors are still stubbornly holding on, not realizing they’ve picked up the last baton.
Poisonous take: BTW? The crazier it rose, the more miserable it fell. A massive bearish candle at the top—trend is already dead. Don’t be the bag holder.
Trading plan — Short
Entry zone: 0.9700 – 1.0000
Stop loss: 1.0800
Take profit 1: 0.8800
Take profit 2: 0.8000
Take profit 3: 0.7200
#btw
