🤑 $TWT /USDT – Bounce Attempt or Another Trap? 🕳️
$TWT is trading at $0.7501, down –1.52%, after bouncing off the 24H low of $0.7320.
Price is struggling near the mid-Bollinger band ($0.7513), which will act as the key pivot point going forward.
📊 Downtrend still active, but buyers are trying to push back
🟣 Mid-band needs a strong close above for reversal confirmation
🟡 Upper band at $0.7639 remains the next resistance to break
🎯 Short-Term Rebound Trade Setup
🔹 Entry Zone: $0.7450 – $0.7510
🎯 TP1: $0.7630 – Bollinger upper band
🎯 TP2: $0.7740 – Structure resistance
🎯 TP3: $0.7890 – Trendline retest
🛑 Stop Loss: $0.7280