Bitway's price surged from $0.45 to a new high of $2.75 within three weeks, driven by strong market momentum and a short squeeze that forced bearish traders to close positions. Trading volume also rose significantly, indicating increased participation. However, the token is now in an overbought state with an RSI of 81.43, suggesting a likely short-term price correction. Key support levels between $2.40 and $2.45 will be crucial for maintaining stability and potentially pushing the price back toward resistance at $2.63, while a drop below $2.40 could lead to a deeper pullback to $2.25–$2.32.
Bitway's recent price surge is notable, though Pluang's market snapshot shows a broader downturn among major cryptocurrencies. For readers following Bitway, here is Pluang's market snapshot as of Oct 15, 2026 04:51 WIB: out of 50 major cryptocurrencies, only 6 rose while 43 fell. Notable movers include SUSHI at Rp4.085 with a 1-day change of -5.00% and a Pluang order activity of 68% Sell / 32% Buy, CAKE at Rp39.574 down 4.97% with 46% Sell / 54% Buy, and XTZ at Rp5.554 down 4.72% with 40% Sell / 60% Buy.
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