$TWT the technical analysis of TWT/USDT

🔥 Current Price: 1.0415 USDT

📉 24h Low: 1.0151 USDT

📈 24h High: 1.0802 USDT

📊 Volume MA(5): 26,392

📊 Volume MA(10): 18,980

📈 OBV: 193,501

📌 Technical Analysis

✅ Support Level: 1.0151 USDT

✅ Resistance Level: 1.0802 USDT

✅ Trend: The price had a downtrend and then bounced, but it’s still maintaining lower levels.

✅ Indicators:

Moving Averages (MA5 & MA10): Short-term bearish signal 📉

Volume: Declining, indicating weak interest 😕

On-Balance Volume (OBV): In a downtrend, showing higher selling pressure 🛑

🔥 Short vs. Long Position

📉 Short Position: More favorable as the price is struggling to break resistance, and indicators are showing bearish signs.

📈 Long Position: Risky at the moment unless it breaks the 1.0802 resistance level with strong volume.

⚡ Final Verdict:

📌 The market looks weak with selling pressure increasing. A short position would be a better option unless a breakout happens! 🚀

#CryptoTrading #TWTUSDT #Binance #CryptoSignals #BearishOrBullish