🐋 $BTW: WHALES ARE LOADING UP, BUT THERE'S A CATCH!
$BTW made a strong move after breaking through the $1.08–$1.09 resistance zone, triggering short liquidations all the way up to $1.32.
That's an impressive 52% gain from Tuesday's low of $0.87.
However, the price has now pulled back to around $1.19.
Here's where things get interesting:
📊 The number of large long-position holders increased from 80 to 105 as the price rallied.
📈 Their average entry price also moved higher, from $1.09 to $1.17.
⚠️ With BTW trading around $1.19, price is now only about 2% above their average entry.
This puts these large long positions relatively close to breakeven, making the current price area worth watching.
👀 The big question: Will buyers defend this level and push BTW higher, or could another wave of selling put pressure on these long positions?
What's your take?
#BTW #CryptoWhales #Altcoins #CryptoMarket #BinanceSquare
DYOR | NFA
$BTW made a strong move after breaking through the $1.08–$1.09 resistance zone, triggering short liquidations all the way up to $1.32.
That's an impressive 52% gain from Tuesday's low of $0.87.
However, the price has now pulled back to around $1.19.
Here's where things get interesting:
📊 The number of large long-position holders increased from 80 to 105 as the price rallied.
📈 Their average entry price also moved higher, from $1.09 to $1.17.
⚠️ With BTW trading around $1.19, price is now only about 2% above their average entry.
This puts these large long positions relatively close to breakeven, making the current price area worth watching.
👀 The big question: Will buyers defend this level and push BTW higher, or could another wave of selling put pressure on these long positions?
What's your take?
#BTW #CryptoWhales #Altcoins #CryptoMarket #BinanceSquare
DYOR | NFA
