Is a collapse of
$BTW coming, or is it another bear trap? 🧐 Vote below!
The market is on fire with BTWUSDT! I just entered a small Short with 6x leverage from 0.4165, but looking at the 1-hour chart I have a huge question for the whole community... What are you all going to do here?
The price hit a strong ceiling at 0.42500, leaving absorption wicks, and the 6-period RSI is overheated at 76.30 points. Technically, it’s screaming for a correction toward the 25 EMA (0.384).
Or is it the Bulls’ strength? 📈: The 24h volume is wild ($84.82M USDT) and the price is still holding above the 7 EMA (0.408). Breaking the all-time high could unleash a massive short squeeze.
💬 Leave your vote in the comments and a Like costs nothing 👍
1️⃣ Do you think it will fall again hard, and it’s time to go in with a big SHORT down to $0.38?
2️⃣ Or is the price just catching its breath to break $0.43, and we should jump in with a LONG?
I already secured my stop loss, adjusted above the maximum, just in case. 🛡️ I’m reading you below—drop your charts and let’s debate! 👇
#BINANCEFUTURE #Crypto_Jobs🎯 #BTWSUSDT #tradingdebate #LongVsShort