Markets· ★★· neutral·

Bitway's BTW jumps 46% to $2.75, but RSI at 81 flags overbought risk

  • —The token climbed from $0.45 to $2.75 in roughly three weeks
  • —Trading volume rose 61.74% to $149.71 million
  • —24-hour liquidations hit $3.48 million, $3.20 million of them shorts
  • —RSI at 81.43 points to extreme overbought conditions
Why it matters: Holding the $2.40–2.50 support keeps a retest of $2.75 in play; losing it opens the door to $2.05–2.10.
Source: AMBCrypto