📊 $TWT T/USDT Technical Analysis – Binance Update 🎯

Current Price: $1.1471 (-2.01%)

Trust Wallet Token (TWT) is currently trading at $1.1471, showing a slight pullback. Here’s the latest technical outlook and potential price targets:

Key Levels to Watch

1. Support Zone:

$1.10: Strong support level, previously tested multiple times. A break below may signal further downside to $1.05.

2. Resistance Levels:

$1.20: Immediate resistance; breaking this level may signal bullish momentum.

$1.30: Psychological barrier and key resistance zone.

3 Target Prices 🎯

1. Target 1: $1.20

Near-term upside target, achievable if the price gains momentum from the support zone.

2. Target 2: $1.30

A stronger rally could take TWT toward this mid-term target, especially if volume increases.

3. Target 3: $1.50

Long-term bullish target if TWT breaks through $1.30 with sustained buying pressure.

Indicators & Signals

RSI: Approaching oversold territory, signaling a possible reversal.

Volume: Declining trading volume could indicate consolidation before the next big move.

EMA (Exponential Moving Average): Price is slightly below the 20-day EMA, suggesting caution in the short term.

Market Sentiment

The overall trend for TWT/USDT remains neutral to slightly bearish in the short term but could turn bullish if the $1.20 resistance is broken. Watch out for key support at $1.10 to protect against downside risk.

Trade cautiously and always manage your risk! 🚀

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