$BTW Retest Playing Out Exactly as Expected
Many traders get excited at the top and panic during the correction. We stayed focused on the chart.
$BTW delivered a massive rally from the $0.04 area and went on to print a new ATH near $0.205. After such an explosive move, a pullback was not only possible — it was expected.
Now the market has completed a deep correction and is revisiting a key support zone. This is where patience matters most.
As long as the $0.070 support area remains intact, the broader bullish structure is still alive. Corrections are a normal part of every strong trend, and healthy retracements often create the foundation for the next move higher.
Key Levels:
Resistance: $0.120 – $0.140
Major Resistance: $0.205 ATH
Support: $0.070 – $0.090
Critical Support: $0.070
The ATH was achieved. The pullback happened exactly as expected. Now the focus shifts to whether bulls can defend support and begin building the next recovery phase.
