📉 $TWT /USDT – BEARISH PRESSURE EMERGING
$TWT /USDT is currently showing mild bearish momentum. The price has dropped to 0.5162 USDT, below the short-term MA(7) at 0.5174 and MA(25) at 0.5185, indicating short-term weakness. The MACD is slightly negative (-0.0004), reinforcing a weak bearish bias. Overall, sellers are starting to dominate, but support around 0.5102 could hold if volume stays moderate.
Trade Setup
Entry Zone: 0.5140 – 0.5165 (if price stabilizes)
Take Profit 1: 0.5230 (near MA(99) resistance)
Take Profit 2: 0.5275 (stronger resistance level)
Stop Loss: 0.5090 (below key support and 24h low)
Short Market Outlook
Momentum: Weakening; MACD negative, price below short-term MAs.
Trend: Slightly bearish short-term; watch for reversal signals near support.
Key Levels:
Resistance: 0.5185 (MA25), 0.5230 (MA99)
Support: 0.5102 (24h low), 0.5095 (intraday support)
If TWT breaks 0.5102 decisively, further downside could target 0.5050. A bounce above 0.5185 may signal a short-term recovery attempt.#Write2Earn