Twt coin analysis

Be catious

#Current Price: $0.97

Resistance Levels

1. $0.975This is the immediate short-term resistance, as it has tested this level multiple times but hasn't broken through significantly.

2. $1.00This is a psychological level, where many traders will place sell orders, making it a stronger resistance point.

3. $1.15If the price manages to break the $1.00 level, this would be the next major resistance, as seen in historical charts.

Support Levels

1. $0.930 The first key support level, aligned with the 7-day moving average

2. $0.880This is another strong support, around the 25-day moving average

3. $0.847A more substantial support level aligned with the 99-day moving average which suggests that if the price pulls back to this level, it would find strong buying interest.

RSI (Relative Strength Index)

The RSI is above 90 indicating overbought conditions Typically, an RSI over 70 suggests that the asset is overbought and a correction or consolidation might be due soon. With RSI in the 90s, there’s a very high probability that a pullback could occur unless there's a continuous strong buying interest.

#Conclusion:

-Immediate resistance at $0.975 and $1.00, with support at $0.930 and $0.880.

-The overbought RSI points towards the possibility of a near-term correction or consolidation.

It's wise to watch these key levels for potential price movement.