$BTW short-term trend is bullish, but there are signs of exhaustion.
Recent volume are trending downwards as the price goes up, indicating weakening buying pressure.
🔴 $BTW SHORT - Priority in the short term
· Reason: Price was rejected at 1.29 resistance, forming a Lower High compared to the 1.45 peak. Bullish momentum is weakening.
· Entry: Wait for price to recover to 1.26 - 1.28 resistance zone (or wait for break below 1.22)
· SL: above nearest peak at 1.30
· TP; 1.15, 1.10, further at 0.95.
🟢 $BTW LONG - higher risk
· Entry: Wait for price to correct to 1.15 - 1.18 support zone. (If this zone breaks, wait to buy at 0.95 - 1.00).
· SL: Below nearest support zone, for example below 1.10 (for entry 1.15) or below 0.85 (for entry 0.95).
· TP: 1.28, 1.35, 1.44
Support me just Trade here👇
#btw #bitway
Recent volume are trending downwards as the price goes up, indicating weakening buying pressure.
🔴 $BTW SHORT - Priority in the short term
· Reason: Price was rejected at 1.29 resistance, forming a Lower High compared to the 1.45 peak. Bullish momentum is weakening.
· Entry: Wait for price to recover to 1.26 - 1.28 resistance zone (or wait for break below 1.22)
· SL: above nearest peak at 1.30
· TP; 1.15, 1.10, further at 0.95.
🟢 $BTW LONG - higher risk
· Entry: Wait for price to correct to 1.15 - 1.18 support zone. (If this zone breaks, wait to buy at 0.95 - 1.00).
· SL: Below nearest support zone, for example below 1.10 (for entry 1.15) or below 0.85 (for entry 0.95).
· TP: 1.28, 1.35, 1.44
Support me just Trade here👇
#btw #bitway
