š $TWT TWT/USDT: Navigating the Downtrend š
Currently priced at $1.2034 (-13.60%), TWT/USDT has witnessed a sharp decline in the past 24 hours, hitting a low of $1.1721 after touching a peak of $1.4194. This intense movement highlights significant selling pressure in the market. šØ
š” Key Levels to Watch:
Support Zone: Near $1.1700, which could act as a bounce point if buyers step in.
Resistance Zone: Around $1.2500ā$1.3400, where sellers might reappear.
ā”ļø What's Next?
The current price action suggests consolidation, with potential for recovery if trading volume increases.
A break below $1.17 may lead to further downside, while a bounce could target the $1.30 level.
š Pro Tip: Monitor market sentiment and volume closely. For long-term holders, this could be an opportunity to dollar-cost average, while traders may look for a breakout or breakdown for short-term gains.
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