$TWT
🚨 TWT: 64% buy orders and RSI 39.. who is fooling whom?
Did you know that the price of $0.6034 is very close to EMA50 ($0.6022) by only $0.0012? But it is far from SuperTrend ($0.6244) by $0.021! This means the market is trying to break through the 50 average but is hitting a strong barrier. RSI at 39.63 is in oversold territory, yet buy orders are at 64.94%. Is this a real reversal or just an illusion?
Whales add +499,412, medium traders +37,526, and small traders +213,662. Total +750,600 (positive). But the large inflow over 24 hours is positive at 731,960. All of these numbers support an upward move. But why isn’t the price moving strongly? Because there is a hidden sell wall at 0.6244.
Leverage is at 227.69 (astronomical), and borrowing debt is 115.08% (increasing), while concentration is 4.93%. The market is burdened with debt. Any failed breakout could lead to violent liquidations.
Shock scenario:
· Break above 0.6244 → 0.6420 (sudden rise)
· Breakout failure → 0.6022 or 0.5753 (rapid crash)
In the end, who is buying this strongly in the oversold zone?
#TWT #CryptoAnalysis #TradingSignals #crypto #cryptotrade
🚨 TWT: 64% buy orders and RSI 39.. who is fooling whom?
Did you know that the price of $0.6034 is very close to EMA50 ($0.6022) by only $0.0012? But it is far from SuperTrend ($0.6244) by $0.021! This means the market is trying to break through the 50 average but is hitting a strong barrier. RSI at 39.63 is in oversold territory, yet buy orders are at 64.94%. Is this a real reversal or just an illusion?
Whales add +499,412, medium traders +37,526, and small traders +213,662. Total +750,600 (positive). But the large inflow over 24 hours is positive at 731,960. All of these numbers support an upward move. But why isn’t the price moving strongly? Because there is a hidden sell wall at 0.6244.
Leverage is at 227.69 (astronomical), and borrowing debt is 115.08% (increasing), while concentration is 4.93%. The market is burdened with debt. Any failed breakout could lead to violent liquidations.
Shock scenario:
· Break above 0.6244 → 0.6420 (sudden rise)
· Breakout failure → 0.6022 or 0.5753 (rapid crash)
In the end, who is buying this strongly in the oversold zone?
#TWT #CryptoAnalysis #TradingSignals #crypto #cryptotrade