๐จ $TWT /USDT โ Oversold & Undervalued or Falling Knife? ๐
$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? Letโs break it down. ๐
๐ Market Overview
๐ Current Price: $0.8407
๐ 24h High: $0.8869
โ๏ธ 24h Low: $0.8339
๐ Volume:
TWT: 1.28M
USDT: 1.11M
๐ Moving Averages:
MA(7): $0.8649
MA(25): $0.8704
MA(99): $0.8468
๐ RSI (6): 19.63 (Extreme oversoldโbounce zone?)
๐ MACD: Bearish momentum, but weakening
๐ TWT Trade Setup โ Key Levels to Watch
๐น 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
๐น Bearish Scenario (If TWT breaks below $0.830):
Entry: Below $0.830
Targets: $0.810, $0.790, $0.760
Stop-Loss: $0.855
๐ Should You Hold or Sell?
โ RSI under 20 = deeply oversold, bounce likely short-term
โ MA(99) near price = potential long-term support
โ ๏ธ Price under all short-term MAs = trend still weakโneeds confirmation for reversal
๐ก Pro Tip:
๐ A strong push above $0.855 with volume could kick off a recovery wave
โ ๏ธ No strength above $0.830? Itโs still a seller's marketโtight risk is key!
๐ข Whatโs your takeโbounce play or waiting lower? Drop a comment! ๐ฌ
๐ฅ LIKE & SHARE if you're tracking recovery setups! ๐