$TWT is currently trading in a consolidation phase after a strong previous move. Price action suggests the market is waiting for a clear direction.
๐น Trend: Neutral to slightly bullish
TWT is holding above its short-term support zone, which indicates buyers are still defending key levels.
๐น Support Zone: Strong buying interest is seen near the recent lows. As long as price stays above this area, downside risk remains limited.
๐น Resistance Zone: The next major resistance is near the previous swing high. A clean breakout with volume could trigger a bullish continuation.
๐น Indicators Insight:
Momentum indicators are cooling off, which often happens before the next move
Volume is stable, suggesting accumulation rather than panic selling
๐น Outlook:
Bullish scenario: Break and close above resistance โ potential upside rally
Bearish scenario: Loss of key support โ short-term pullback possible
๐ Conclusion:
TWT looks technically healthy. Patience is key here โ wait for confirmation. A breakout could offer a good opportunity, while risk management is essential if support fails.
Always trade with proper risk management. This is not financial advice.#WriteToEarnUpgrade #USJobsData #BTCVSGOLD #BinanceBlockchainWeek #TrumpTariffs