🔴 $TWT : THE MARKET SPOOKED BUYERS. BUT THERE’S ONE DETAIL…
Trust Wallet Token fell to $0.4557, after which buyers pushed the price back to $0.4796.
📉 What does the 4H chart show?
▪️ RSI(6) — 22.36. Oversold territory.
▪️ MACD remains negative.
▪️ Price is below MA(7), MA(25), and MA(99).
🎯 TWO SCENARIOS:
🟢 Holding above $0.4900 would open the way to $0.5020–0.5070.
🔴 Losing $0.4557 would create the risk of a continued decline to $0.4400.
⚡ The big question: will the sharp dip to $0.4557 mark the start of a rebound, or is it just a pause before a new wave of selling?
Oversold doesn’t mean a reversal.
#TWT #TrustWallet #crypto #BinanceSquare
Trust Wallet Token fell to $0.4557, after which buyers pushed the price back to $0.4796.
📉 What does the 4H chart show?
▪️ RSI(6) — 22.36. Oversold territory.
▪️ MACD remains negative.
▪️ Price is below MA(7), MA(25), and MA(99).
🎯 TWO SCENARIOS:
🟢 Holding above $0.4900 would open the way to $0.5020–0.5070.
🔴 Losing $0.4557 would create the risk of a continued decline to $0.4400.
⚡ The big question: will the sharp dip to $0.4557 mark the start of a rebound, or is it just a pause before a new wave of selling?
Oversold doesn’t mean a reversal.
#TWT #TrustWallet #crypto #BinanceSquare