$BTW
is starting to heat up. ๐ฅ
BTW/USDT is trading around $0.4428, up a strong 24.30% in 24 hours. The move is backed by serious activity, with more than $100M in USDT volume and around 253M BTW traded.
The 15-minute chart is especially interesting.
BTW has climbed from around $0.3866 and has been making a clear series of higher highs and higher lows. Price is now sitting just below the 24h high of $0.4472.
The Supertrend is also bullish, currently around $0.4229 and well below the market. That tells us the short-term momentum is still favoring buyers.
Now comes the important part. ๐
$0.4472 is the key resistance.
If bulls break above it and hold, BTW could start looking toward the $0.45+ area and potentially discover higher levels if momentum continues.
But after a 24% move, a pullback would not be surprising.
The first level Iโd watch on weakness is around $0.4350, followed by the $0.4229 Supertrend area. Holding those zones would keep the bullish structure alive.
For now, BTW bulls are clearly in control.
The real question is simple:
Can BTW break $0.4472 and turn that resistance into support? ๐
The next few candles could get very interesting.
Not financial advice. Trade with a plan and manage your risk.
is starting to heat up. ๐ฅ
BTW/USDT is trading around $0.4428, up a strong 24.30% in 24 hours. The move is backed by serious activity, with more than $100M in USDT volume and around 253M BTW traded.
The 15-minute chart is especially interesting.
BTW has climbed from around $0.3866 and has been making a clear series of higher highs and higher lows. Price is now sitting just below the 24h high of $0.4472.
The Supertrend is also bullish, currently around $0.4229 and well below the market. That tells us the short-term momentum is still favoring buyers.
Now comes the important part. ๐
$0.4472 is the key resistance.
If bulls break above it and hold, BTW could start looking toward the $0.45+ area and potentially discover higher levels if momentum continues.
But after a 24% move, a pullback would not be surprising.
The first level Iโd watch on weakness is around $0.4350, followed by the $0.4229 Supertrend area. Holding those zones would keep the bullish structure alive.
For now, BTW bulls are clearly in control.
The real question is simple:
Can BTW break $0.4472 and turn that resistance into support? ๐
The next few candles could get very interesting.
Not financial advice. Trade with a plan and manage your risk.
