TWT/USDT Possibility Bounce and Continue the upward Movement ??

14 בנוב׳ 2023

💎 TWT has undeniably attracted significant attention in the market. Currently, TWT is in the process of retesting the demand area at $1.15 - $1.05, which precedes the supply area. The previous breakout from the supply area was noteworthy, marked by substantial volume and a robust green candle.

💎 In the event of a successful retesting phase in the demand area, there is a likelihood that TWT's price will bounce, probability of resuming its upward trajectory and reaching our target in the supply area.

💎 The unfavorable scenario materializes if, during the retesting phase at the demand zone of $1.15 - $1.05, TWT struggles to maintain its position and experiences a breakdown. In such a case, TWT may revert to a bearish movement, potentially retracing to the strong support area.