🐋 $BTW hit a new 24-hour high, with buyers showing strong interest.
Current price: 1.4563, breaking above the previous high of 1.4487. 24-hour trading volume: $64.03 million.
New highs are often areas where many short positions have stop-loss orders, so holding above this level could trigger short covering. However, watch out for a pullback after the surge.
This is just my personal opinion and not a basis for trading.
Current price: 1.4563, breaking above the previous high of 1.4487. 24-hour trading volume: $64.03 million.
New highs are often areas where many short positions have stop-loss orders, so holding above this level could trigger short covering. However, watch out for a pullback after the surge.
This is just my personal opinion and not a basis for trading.