๐จ $TWT /USDT โ Coil Tightening Before a Breakout? Or Just a Dead Cat Bounce? ๐๐ฅ
#Trust Wallet Token is showing signs of life at $0.7580 (+3.27%), trading just below resistance. Will it break above $0.77โor is a correction looming?
๐ Market Overview
๐ Current Price: $0.7580
๐ 24h High: $0.7663
โ๏ธ 24h Low: $0.7335
๐ Parabolic SAR: $0.7236 (Uptrend still valid!)
๐ MACD Momentum:
DIF: 0.014 (Mild bullish signal forming)
DEA: 0.008
MACD: 0.012 (Needs confirmation)
๐ RSI (6): 55.64 (Neutralโroom for upside)
๐ง MA Levels:
MA(7): $0.7591
MA(25): $0.7506
MA(99): $0.7448
๐ TWT Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If TWT Holds Above $0.75):
Entry: Above $0.7620
Targets: $0.78, $0.82, $0.88+
Stop-Loss: $0.7390
๐น Bearish Scenario (If TWT Breaks Below $0.7390):
Entry: Below $0.7390
Targets: $0.7230, $0.7040, $0.6860
Stop-Loss: $0.7600
๐ Should You Hold or Sell?
โ Holding above $0.75 = Bullish bias stays intact
โ RSI is healthy and MACD shows slight bullish divergence
โ ๏ธ Watch for fakeouts near $0.77โlow volume = possible trap
๐ก Pro Tip:
๐ Keep an eye on $0.7620โrejection or breakout from this zone will decide the next move!
๐จ Volume under 1M = low conviction. Wait for confirmation candles before entering.
๐ข Are you playing the breakout or waiting on the sidelines? Drop your strategy below! โฌ๏ธ
๐ฅ LIKE & SHARE if this helped sharpen your trading edge! ๐ฏ
