Bitway – Why BTW’s rally faces THIS test after $3.2M short liquidations

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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.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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