$BTW has moved above the 2.3 level. Two possible scenarios from here:
① It retests 2.3 and holds → the level turns into support, with the 24h high of 2.38 as the next upside target
② It falls back below 2.3 and can't reclaim it → this looks more like a failed breakout; don't overstay your position
I place more weight on how it holds up on the first retest.
① It retests 2.3 and holds → the level turns into support, with the 24h high of 2.38 as the next upside target
② It falls back below 2.3 and can't reclaim it → this looks more like a failed breakout; don't overstay your position
I place more weight on how it holds up on the first retest.