Trading Signals for $TWT Trust Wallet Token
Action:
Long Position on breakout.
Short Position on breakdown.
Entry Range:
Long: $1.17 - $1.19
Short: $1.14 - $1.13
Take Profit (TP):
Long: $1.22 - $1.30
Short: $1.10 - $1.08
TWT is showing signs of potential consolidation between $1.13 and $1.19, indicating a range-bound market. The relatively low trading volume (-7.02% in the last 24 hours) suggests a possible breakout or breakdown could be imminent as traders await a decisive move.
For scalping, watch the price closely as it approaches the upper resistance of $1.19 or the lower support of $1.13. A breakout above $1.19 with increased volume signals a good long entry, targeting $1.22 or higher. Conversely, a breakdown below $1.13 with higher selling pressure would favor a short position, aiming for $1.10 or lower.
🥂 Trade Here👇$TWT
🚨 Note: Trade at your own risk. Always DYOR.
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