$TWT
/USDT Technical Analysis:๐ฅ๐ฏ๐ฏ๐ฏ
Current Price: $1.1981
Trend: Bullish (3.20% increase in the last 24 hours)
Key Levels:
Resistance: $1.2362 (recent 24h high)
Support: $1.1500 (recent 24h low)
Technical Indicators:
RSI: Neutral (currently around 50)
MACD: Showing bullish momentum with a potential crossover above the signal line.
Moving Averages: Price trading slightly above the 50-period MA, signaling an upward trend.
Trade Signal:
Action: Buy with confirmation above $1.20.
Target Levels ๐ฏ:
1. First Target: $1.2200 โ Testing near-term resistance.
2. Second Target: $1.2300 โ Stronger resistance zone, potential for pullback.
3. Third Target: $1.2500 โ A breakout above this level could signal further upside momentum.
Trade Momentum:
Momentum is currently positive, favoring a continuation of the bullish trend. However, keep an eye on potential reversals at resistance zones. A move below $1.1800 would indicate a shift in market sentiment.
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