$BTW The trend remains bullish. A massive long squeeze caused a temporary crash, forming a Lower Low at 1.24. Price is now rebounding and testing the 1.65–1.68 resistance zone.
• EMA20 (around 1.58) is providing dynamic support. Price must hold above this level to sustain the rebound.
• Spot CVD, around 76M, shows steady accumulation, indicating strong spot buying during the decline. However, there is not enough immediate aggressive momentum to reclaim the 1.69 high.
$BTW Long scenario (60% priority)
· Long entry: 1.50–1.52 (retest of structural support) or 1.58–1.60 (retest of EMA20)
· Stop-loss: < 1.45
· Take profit: 1.66 (immediate resistance), 1.69 (recent swing high)
$BTW Short scenario (40% priority): only if price fails to break above the recent 1.68–1.70 high
Support me by trading here 👇 #btw #bitway
• EMA20 (around 1.58) is providing dynamic support. Price must hold above this level to sustain the rebound.
• Spot CVD, around 76M, shows steady accumulation, indicating strong spot buying during the decline. However, there is not enough immediate aggressive momentum to reclaim the 1.69 high.
$BTW Long scenario (60% priority)
· Long entry: 1.50–1.52 (retest of structural support) or 1.58–1.60 (retest of EMA20)
· Stop-loss: < 1.45
· Take profit: 1.66 (immediate resistance), 1.69 (recent swing high)
$BTW Short scenario (40% priority): only if price fails to break above the recent 1.68–1.70 high
Support me by trading here 👇 #btw #bitway