$TWT /USDT Trading Signal - Support Rebound in Progress?
Current Price: $1.1702
24H Range: $1.1548 - $1.2526
EMA Levels:
EMA(7): $1.1804
EMA(25): $1.1992
EMA(99): $1.2276
Analysis:
The pair is bouncing from the 24H low of $1.1548, showing initial signs of support. The EMA trends remain bearish, but a recovery towards EMA(25) is possible if momentum sustains.
Potential Setup:
Entry Zone: $1.1550 - $1.1750
Targets:
Target 1: $1.1930
Target 2: $1.2250
Stop Loss: $1.1450
Observation:
The recent green candle suggests a potential relief rally, with confirmation needed above EMA(7). Breaking EMA(25) may lead to retests of higher levels.
Actionable Advice:
Watch for a decisive close above $1.1800 for confirmation.
Secure partial profits near $1.1930 and adjust stop-loss accordingly.