After bouncing from the $0.33 lows, TWT rallied back into the major $0.450 – $0.470 resistance zone — a level that previously acted as support during the broader decline.
Price failed to reclaim that area and got rejected hard, printing a strong -7.73% daily candle. That’s a clear sign sellers are still defending the zone aggressively.
📍 Key Levels:
🔴 Resistance Zone: $0.450 – $0.470 (old support → now resistance) 🟢 Immediate Support: $0.380 – $0.400 📉 Breakdown Target: $0.340 – $0.360 🎯 Bull Recovery Target: $0.500 – $0.550 (only if resistance is reclaimed) ❌ Bearish Confirmation: Daily close below $0.400
⚡ Bias: Bearish While Below Resistance
The rejection suggests this move may have been a relief rally rather than a true reversal.
🔷 Pattern: Ascending Triangle — Compression Before Decision
After a prolonged downtrend, ZRX is forming an ascending triangle structure. Higher lows continue pressing into a flat resistance zone around $0.118 – $0.122.
That’s usually a sign of accumulation — buyers are stepping in earlier on every pullback.
Price is currently cooling off slightly after another resistance test, but structure remains intact.
Ascending triangles often lead to strong directional moves once resistance finally breaks. The repeated pressure into the same ceiling weakens seller control over time.
This is a high-risk setup, so position size matters. Price is attempting to build momentum after holding lower levels, but structure isn’t fully confirmed yet.
👉 Early entry + risk control = asymmetric setup
If buyers step in, upside can expand fast — but if not, SL must be respected.
🟢 $DAM LONG SETUP — Support Holding, Bounce Potential 📈
📍 Entry: $0.0545 – $0.0570 🛡️ SL: $0.0520
🎯 TP1: $0.0590 🎯 TP2: $0.0600 🎯 TP3: $0.0625
Price is holding within a key demand zone after the recent pullback. Selling pressure looks controlled, not aggressive — a sign the downside is slowing.
This looks like a potential bounce setup rather than continuation down.
👉 Support hold + stabilizing structure = upside attempt
If buyers step in here, a move back toward resistance levels is likely.
🔴 $TAC SHORT SETUP — Overextended Into Resistance 📉
📍 Entry: $0.0104 – $0.0110 🛡️ SL: $0.0118
🎯 TP1: $0.0097 🎯 TP2: $0.0089 🎯 TP3: $0.0081
Price is pushing into a resistance zone where the move is starting to look stretched. The climb is losing quality — momentum isn’t expanding the way it should in a strong trend.
This looks like late buyers stepping in right under supply, which often leads to a squeeze the other way.
👉 Overextension + weak momentum = rejection setup
If price stalls here, sellers can step in and trigger a broader move lower.
Price is pushing into a clear supply zone, but the move is losing consistency. The upside isn’t extending cleanly anymore — momentum is fading near resistance.
Instead of breakout strength, this looks like absorption. Buyers are pushing, but sellers are quietly defending the zone.
👉 Supply zone + weakening momentum = rejection setup
If this rejection develops, a corrective move lower can unfold with room to expand.