$TWT This has risen to 0.559600 this time, +14.58%—not small at all. I’m actually going to look back for a pullback first. 24h trading volume is 5.26 million. The labels are “volume expansion rally” and “strong breakout,” which indicates the buy-side is truly more active than in the previous rounds. But for a Trust Wallet themed coin, if it runs too fast, it’s most likely to churn around the integer levels. I’m not ready to treat the first bullish candle as a trend yet—I want to see whether trading can hold above 0.55. If it gets broken down near 0.53, the chips that chased in earlier will be pretty uncomfortable.
When I go into the token page, I mainly check two things: whether the order-book depth on the buy and sell sides keeps up, and whether trading volume shrinks when it pulls back on the 1h timeframe. It’s similar to the last time the wallet sector caught up—after the first leg of the spike, it managed to stay sideways for 6 to 8 hourly candles, and only then did the move continue.
My plan is simple: hold 0.55 and wait for confirmation. If it falls back below 0.53, I’ll treat it as short-term overheating. I’ll also compare with the previous 24h high—after a breakout, if it doesn’t immediately expand volume, I’d rather wait for the next pullback.
When I go into the token page, I mainly check two things: whether the order-book depth on the buy and sell sides keeps up, and whether trading volume shrinks when it pulls back on the 1h timeframe. It’s similar to the last time the wallet sector caught up—after the first leg of the spike, it managed to stay sideways for 6 to 8 hourly candles, and only then did the move continue.
My plan is simple: hold 0.55 and wait for confirmation. If it falls back below 0.53, I’ll treat it as short-term overheating. I’ll also compare with the previous 24h high—after a breakout, if it doesn’t immediately expand volume, I’d rather wait for the next pullback.