$TWT /USDT on the 2D timeframe here's a technical analysis setup structured around the Falling Wedge pattern you've identified:
TWT/USDT – 2D Chart Setup (Falling Wedge)
Pattern:
Falling Wedge (bullish reversal pattern)
Breakout and retest appear to be in progress or recently completed
Key Support Levels:
Major Support Zone: $0.8456
$0.7229
$0.6000 (absolute low support area)
Breakout Zone:
Retest Zone: $1.0865–$1.2000 — ideal area to watch for bullish confirmation
Holding above $1.0865 confirms wedge breakout is valid
Resistance Levels / Targets After Breakout:
TP1: $1.2775
TP2: $1.4000
TP3: $1.4905
TP4: $1.6000 (strong zone)
TP5: $1.8000
TP6: $2.0000 (macro breakout level)
Trade Idea (Bullish Breakout Play):
Entry Zone (on retest): $1.08–$1.20
Stop Loss: Below $1.00 or under the wedge bottom at $0.8456
Targets: $1.28 → $1.49 → $1.60 → $2.00
Confirmation: Look for volume spike + RSI cross above 50
If the price fails the retest and falls below $1.00 again, re-evaluate at $0.85 support. Falling wedge breakdown invalidates the bullish setup.
Would you like a visual chart sketch of this falling wedge structure with target levels marked?
