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$TWT /USDT | Short-term buying opportunity with bullish momentum
Current price: $0.5371 (+4.94%)
Entry and exit points:
Entry area: $0.5250 – $0.5400 💵
Stop loss: $0.5050 ⛔
Targets:
TP1: $0.5650 🎯
TP2: $0.6000 📈
TP3: $0.6450 🚀
Analysis
On the 1H timeframe, the price shows the formation of higher lows after regaining support at $0.520, reinforcing the bullish market structure.
The price is pressing towards the resistance area at $0.540, with buyers entering on any slight corrections, maintaining positive momentum.
Staying above $0.520 allows for continued upward movement towards the liquidity zone $0.580 – $0.600.
Guys, pay attention
Breaking the level of $0.5050 may lead to a deeper correction towards $0.490, so it is advised to stick to the specified stop loss level.
This setup is suitable for traders looking for a short-term buying opportunity while continuously monitoring support and resistance levels.
#Binance #Crypto #MarketRebound #Trading #LongSignaln