$TWT just got hit with a brutal 26% dumpπ§
That kind of move doesnβt come randomlyβ¦ it shifts structure, and right now the chart is clearly under pressure.
Price is currently struggling below the 0.40 resistance zone, which has now flipped into a key rejection level. As long as #TWT stays under this area, downside continuation remains the dominant scenario.
Immediate support sits around 0.32, but if that level fails to hold, the next logical move is toward 0.26, where deeper liquidity rests. Thatβs the zone where buyers might step in again.
Yes, weβve already seen a quick 14% bounce on lower timeframe, but this looks more like a relief reaction than a trend reversal. Until price reclaims and holds above resistance, the bias stays bearish.
This is one of those moments where patience matters β let the bounce exhaust, then watch the reaction at resistance closely.
That kind of move doesnβt come randomlyβ¦ it shifts structure, and right now the chart is clearly under pressure.
Price is currently struggling below the 0.40 resistance zone, which has now flipped into a key rejection level. As long as #TWT stays under this area, downside continuation remains the dominant scenario.
Immediate support sits around 0.32, but if that level fails to hold, the next logical move is toward 0.26, where deeper liquidity rests. Thatβs the zone where buyers might step in again.
Yes, weβve already seen a quick 14% bounce on lower timeframe, but this looks more like a relief reaction than a trend reversal. Until price reclaims and holds above resistance, the bias stays bearish.
This is one of those moments where patience matters β let the bounce exhaust, then watch the reaction at resistance closely.
π2π₯1