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! 🚀
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
