π TWT has notably made its mark in the cryptocurrency market. Currently, TWT ispoised for an upward move and is attempting to break out of the supply area.
π If TWT successfully breaks above the resistance area, it could probability reach our target area in the bearish OB zone.
π However, if TWT fails to break out above the resistance area, there is a possibility of a retracement back to the support area around $1.4 - $1.3 to establish new momentum.
π In the support area, TWT needs to bounce and resume its upward movement to attempt another breakout above the supply. Failure to hold the support and a breakdown below could signal a shift to a bearish trend, potentially leading to a return to the demand area.
π If TWT successfully breaks above the resistance area, it could probability reach our target area in the bearish OB zone.
π However, if TWT fails to break out above the resistance area, there is a possibility of a retracement back to the support area around $1.4 - $1.3 to establish new momentum.
π In the support area, TWT needs to bounce and resume its upward movement to attempt another breakout above the supply. Failure to hold the support and a breakdown below could signal a shift to a bearish trend, potentially leading to a return to the demand area.
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