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