trustwalletcoin

Despite all the hype, the recent rally in Trust Wallet Token (TWT) shows clear signs of exhaustion. A closer look at the charts and fundamentals reveals weakness beneath the surface.

🔻 6 Reasons $TWT Could Drop Soon:
1️⃣ Parabolic Move After “Hype” Announcements
The token burn + new roadmap news fueled a parabolic rise. Parabolic rallies rarely sustain without consolidation — profit-taking tends to hit hard.
2️⃣ Overbought Technical Indicators
RSI and other oscillators are flashing overbought conditions after the big spike. Such readings usually precede a pullback or correction.
3️⃣ Volume Spike Without Follow-Through
Most of the surge came on a single burst of volume. Since then, buying pressure has cooled — a classic sign of a short-term top.
4️⃣ Weak Support Around $1.20
TWT is currently hovering around the $1.20 zone. This level isn’t historically strong — a break below $1.10 could accelerate a sharp sell-off.
5️⃣ Lower Highs Forming on Short-Term Charts
On 1-hour and 4-hour charts, price action is starting to form lower highs — a bearish structure that can precede a breakdown.
6️⃣ Psychological Level of $1.00 Looms Below
If $1.10 breaks, $1.00 becomes the next magnet — a natural psychological target where sellers often drive price during corrections.
⚠️ Bottom Line:
While TWT still has long-term potential, the current rally looks stretched and vulnerable to a swift pullback. Traders chasing the hype should be cautious — a drop toward $1.10 or even $1.00 is very possible if momentum fades.

#TWT #TWTBearishSignal #TWT #TrustWalletCoin