📊 Technical Analysis: $BTW /USDT (Perpetual) - 1D Timeframe
$BTW shows bullish momentum after a solid bounce off the major moving averages. Trading near $2.21 (+9.39%), buyers remain in control.
🎯 Key levels to watch: 🔹 Main resistance: $2.7536. A break above it with volume would put the next technical target around $2.87. 🔹 Support: $1.79 and $1.50 (EMA 7 and EMA 25).
💡 Key data: • The Stoch RSI in the lower-middle range (34.9) suggests there is room to sustain the bullish momentum. • Market sentiment shows 65.78% of positions are short (Shorts), which could trigger a short squeeze if the immediate resistance is broken.
Will $BTW manage to retest its recent high? 🚀
#BTW #CryptoAnalysis #Trading #BinanceSquare #Write2Earn
$BTW shows bullish momentum after a solid bounce off the major moving averages. Trading near $2.21 (+9.39%), buyers remain in control.
🎯 Key levels to watch: 🔹 Main resistance: $2.7536. A break above it with volume would put the next technical target around $2.87. 🔹 Support: $1.79 and $1.50 (EMA 7 and EMA 25).
💡 Key data: • The Stoch RSI in the lower-middle range (34.9) suggests there is room to sustain the bullish momentum. • Market sentiment shows 65.78% of positions are short (Shorts), which could trigger a short squeeze if the immediate resistance is broken.
Will $BTW manage to retest its recent high? 🚀
#BTW #CryptoAnalysis #Trading #BinanceSquare #Write2Earn