๐จ $BTW IS BREAKING DOWN โ IS $2.00 THE NEXT STOP? ๐
$BTW is under pressure after failing to hold its recent rally toward $2.69. Now trading near $2.11, sellers appear to be gaining control.
๐ Key levels to watch: ๐ด Current price: $2.1109
โ ๏ธ Resistance: $2.20โ$2.27
๐ฏ Downside level: $2.026
๐ Next support zone: $2.00
My bias: SHORT watch ๐
If $BTW fails to reclaim the $2.20โ$2.27 zone, further downside could develop toward $2.026. But if buyers recover that resistance area, the bearish setup may weaken.
No blind entriesโwait for confirmation and manage risk carefully. After a sharp drop, a relief bounce is always possible.
What do you thinkโwill #BTW break below $2.00, or bounce from support?
$BTW is under pressure after failing to hold its recent rally toward $2.69. Now trading near $2.11, sellers appear to be gaining control.
๐ Key levels to watch: ๐ด Current price: $2.1109
โ ๏ธ Resistance: $2.20โ$2.27
๐ฏ Downside level: $2.026
๐ Next support zone: $2.00
My bias: SHORT watch ๐
If $BTW fails to reclaim the $2.20โ$2.27 zone, further downside could develop toward $2.026. But if buyers recover that resistance area, the bearish setup may weaken.
No blind entriesโwait for confirmation and manage risk carefully. After a sharp drop, a relief bounce is always possible.
What do you thinkโwill #BTW break below $2.00, or bounce from support?