$BTW — Long Liquidation Watch 🔴
A $9.0208K long liquidation at $2.0386 points to leveraged buyers being forced out. Price needs to stabilize and reclaim nearby resistance to challenge the bearish pressure; otherwise, lower liquidity could attract another move down.
Support: $2.00
Resistance: $2.08
Next Target: $1.95
A failed reclaim keeps downside risk in focus. Look for a CHOCH or strong bullish displacement before considering a reversal. Stay disciplined with $BTW .
A $9.0208K long liquidation at $2.0386 points to leveraged buyers being forced out. Price needs to stabilize and reclaim nearby resistance to challenge the bearish pressure; otherwise, lower liquidity could attract another move down.
Support: $2.00
Resistance: $2.08
Next Target: $1.95
A failed reclaim keeps downside risk in focus. Look for a CHOCH or strong bullish displacement before considering a reversal. Stay disciplined with $BTW .