$TWT — former support at 0.49 has been reclaimed
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The price pierced 0.49, but closed the day above it. The previous base-holding hypothesis remains intact; weekly resistance has not yet been reclaimed.
A move by $TWT back above 0.536, with a daily close and a successful hold on a pullback, would strengthen the scenario of testing weekly resistance at 0.55.
A daily close for $TWT below 0.49 would invalidate the hypothesis that the former base is holding.
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The price pierced 0.49, but closed the day above it. The previous base-holding hypothesis remains intact; weekly resistance has not yet been reclaimed.
A move by $TWT back above 0.536, with a daily close and a successful hold on a pullback, would strengthen the scenario of testing weekly resistance at 0.55.
A daily close for $TWT below 0.49 would invalidate the hypothesis that the former base is holding.