$TWT/USDT | 8H |

🗺 Market Situation

Price is mid level on wave (c) and it seems it has got a bit more room to retrace upwards before the next leg begins.

🕯 Outlook

A bullish move may soon form above the highlighted blue resistant line but we should keep in mind that this bullish move should be limited.

⚠️ Key Level

The main idea is for the price to find some momentum from current level, push above the blue line until it reaches our ultimate rejection area. If price does not maintain bullish move from here or if it is not rejected from top, this insight becomes invalid.

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