đš $BTW â One Candle Changed Everything
$BTW just exploded from around $0.60 â $0.76, printing a $0.9151 wick. Thatâs a huge volatility expansion, and the 1H RSI is sitting near 96.
Rather than chasing the spike, the cleaner setup is to watch the retest:
đ Potential pullback setup
đą Entry: $0.68â$0.72
đŻ TP1: $0.77
đŻ TP2: $0.85
đŻ TP3: $0.91
đ Invalidation: $0.64
Key support: $0.688 â $0.606
Resistance: $0.77 â $0.85 â $0.915
â ïž RSI ~96 + a massive single-candle move = very high volatility. Waiting for confirmation/retest may be safer than entering after the spike.
Would you buy the retest or wait for a new breakout? đ
$BTW
#BTW
$BTW just exploded from around $0.60 â $0.76, printing a $0.9151 wick. Thatâs a huge volatility expansion, and the 1H RSI is sitting near 96.
Rather than chasing the spike, the cleaner setup is to watch the retest:
đ Potential pullback setup
đą Entry: $0.68â$0.72
đŻ TP1: $0.77
đŻ TP2: $0.85
đŻ TP3: $0.91
đ Invalidation: $0.64
Key support: $0.688 â $0.606
Resistance: $0.77 â $0.85 â $0.915
â ïž RSI ~96 + a massive single-candle move = very high volatility. Waiting for confirmation/retest may be safer than entering after the spike.
Would you buy the retest or wait for a new breakout? đ
$BTW
#BTW