I strongly recommend a stop loss at the entry price đ
Crypto Sat
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$BTW IS PUMPING HARD, GUYS! DONâT IGNORE THIS ONE đ
Look at this crazy expansion!
On June 6, $BTW was trading around $0.01655. Today, it has surged to $2.38 â thatâs approximately 14,278% up! đ€Ż
The price is now up 27% in 24 hours and latest high around $2.38.
Can we see $2.50â$3.00 next? Itâs possible if buyers maintain this momentum, but donât forget one thing: coins making these explosive moves can also deliver brutal corrections.
What Iâm watching now:
The daily chart is extremely bullish, with price trading well above MA7 ($1.76), MA25 ($1.32) and MA99 ($0.55). MACD momentum is strong, but RSI6 is above 90 â the market is heavily overbought in the short term.
That means further upside is possible, but chasing the pump here is very very risky.
My next upside zone is $2.50â$3.00, provided buyers keep pushing and price sustains above the breakout area.
â ïž Risk management matters here!
My preferred stop-loss is around $2.05, based on the lower-timeframe support confluence Iâm watching â MA25 on the 15-minute chart and MA7 on the 1-hour chart.
If price loses that zone, the correction could become much deeper, so donât treat this stop as guaranteed protection against slippage.
Huge momentum, but donât let FOMO control your entry. Let the price action confirm whether buyers still have enough strength for another leg up.