Bitway’s BTW token surged from $0.45 to $2.75 in three weeks, with a 46% single-day jump on October 14. The token hit a new all-time high at $2.75, but its RSI at 81.43 indicates extreme overbought conditions that could trigger a short-term correction. Short liquidations reached $3.2 million over 24 hours, creating a short squeeze that extended the rally. Critical support lies between $2.40 and $2.50, and losing this zone could lead to a deeper pullback toward $2.05-$2.10.
Source: Read the original article

