🚨 $TWT /USDT – Oversold & Undervalued or Falling Knife? 🔍
$TWT is trading at $0.8407, down -2.48% in the last 24 hours. With RSI scraping historic lows and price testing key support, is a relief rally brewing or more downside ahead? Let’s break it down. 👇
📊 Market Overview
📍 Current Price: $0.8407
📈 24h High: $0.8869
❄️ 24h Low: $0.8339
📊 Volume:
TWT: 1.28M
USDT: 1.11M
📉 Moving Averages:
MA(7): $0.8649
MA(25): $0.8704
MA(99): $0.8468
📉 RSI (6): 19.63 (Extreme oversold—bounce zone?)
📊 MACD: Bearish momentum, but weakening
📈 TWT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If TWT holds $0.835+ and reclaims $0.855):
Entry: Above $0.855
Targets: $0.880, $0.905, $0.950
Stop-Loss: $0.830
🔹 Bearish Scenario (If TWT breaks below $0.830):
Entry: Below $0.830
Targets: $0.810, $0.790, $0.760
Stop-Loss: $0.855
🔍 Should You Hold or Sell?
✅ RSI under 20 = deeply oversold, bounce likely short-term
✅ MA(99) near price = potential long-term support
⚠️ Price under all short-term MAs = trend still weak—needs confirmation for reversal
💡 Pro Tip:
🚀 A strong push above $0.855 with volume could kick off a recovery wave
⚠️ No strength above $0.830? It’s still a seller's market—tight risk is key!
📢 What’s your take—bounce play or waiting lower? Drop a comment! 💬
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