#INTW The Volatile Bounce That’s Still Fighting a Downtrend👀
Price is holding near $17.67 after a 7.2% daily drop, yet remains up 17% on the week inside a broader monthly downtrend. Immediate support sits at the $16.80–$17.20 cluster, while resistance is layered at $18.40–$18.80 where selling pressure has repeatedly appeared.
The 1-hour chart shows a higher-low bounce attempt, but the 4-hour structure stays capped under prior breakdown levels. Buyers can look to add near $16.30–$17.20 on volume or RSI support; a decisive close above $18.80 would be required to shift the bias higher. Until then, treat rallies as counter-trend.
$INTWB $INTW.ETF #CoinVahini #TechnicalAnalysis #StockTrading #PriceAction
Price is holding near $17.67 after a 7.2% daily drop, yet remains up 17% on the week inside a broader monthly downtrend. Immediate support sits at the $16.80–$17.20 cluster, while resistance is layered at $18.40–$18.80 where selling pressure has repeatedly appeared.
The 1-hour chart shows a higher-low bounce attempt, but the 4-hour structure stays capped under prior breakdown levels. Buyers can look to add near $16.30–$17.20 on volume or RSI support; a decisive close above $18.80 would be required to shift the bias higher. Until then, treat rallies as counter-trend.
$INTWB $INTW.ETF #CoinVahini #TechnicalAnalysis #StockTrading #PriceAction