From $2.15 to $1.46: Where will the drop of $BTW stop?
Volatility on Binance Futures can be unforgiving. $BTWUSDT has lost more than 25% today, sweeping through support levels and leaving many looking for an entry on the rebound.
Looking at the current candle at $1.51:
Option A: $1.46 was the bottom, and a relief recovery toward $1.70 is coming.
Option B: Buying strength is still lacking, and it will retest or break the lows.
What are you doing with $BTW today: catching wicks, shorting, or sitting on the sidelines? #BTW #BinanceFutures
Volatility on Binance Futures can be unforgiving. $BTWUSDT has lost more than 25% today, sweeping through support levels and leaving many looking for an entry on the rebound.
Looking at the current candle at $1.51:
Option A: $1.46 was the bottom, and a relief recovery toward $1.70 is coming.
Option B: Buying strength is still lacking, and it will retest or break the lows.
What are you doing with $BTW today: catching wicks, shorting, or sitting on the sidelines? #BTW #BinanceFutures