TWT has recently made a decisive Break of Structure (BOS) on the 4-hour timeframe, signaling a potential bullish continuation from a 50% Fibonacci retracement zone. This retracement confirms a solid area of demand and a great entry point.
The market cap has just crossed above 500M, qualifying it as a large-cap coin, which typically attracts significant attention from bigger players and institutional investors. This fundamental shift adds weight to the technical setup.
Key targets to watch:
TP1: 1.272 Fibonacci extension, the first likely resistance level
TP2: 1.618 extension, a strong follow-up target if momentum sustains
Important note: If price creates a new high before reaching 50% retracement, the current setup will be invalidated, so strict risk management is crucial.
Risk: Just 0.5% per trade, balancing opportunity and safety.
Trade smart, and good luck! 🚀
The market cap has just crossed above 500M, qualifying it as a large-cap coin, which typically attracts significant attention from bigger players and institutional investors. This fundamental shift adds weight to the technical setup.
Key targets to watch:
TP1: 1.272 Fibonacci extension, the first likely resistance level
TP2: 1.618 extension, a strong follow-up target if momentum sustains
Important note: If price creates a new high before reaching 50% retracement, the current setup will be invalidated, so strict risk management is crucial.
Risk: Just 0.5% per trade, balancing opportunity and safety.
Trade smart, and good luck! 🚀
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.