TWT / TetherUS
Long

TWT/USDT Analysis

🚀 TWT/USDT Analysis 🚀
📊 Weekly Timeframe | Heikin Ashi Candles

A potential breakout is forming on TWT/USDT! 🔥 The price is breaking out of a descending channel, showing bullish momentum. If this movement sustains, the next target to watch is $1.7099.

💡 Key Highlights:

Pattern: Descending channel breakout.
Resistance: $1.7099 (potential target).
Support: Current channel structure indicates a retest around $1.22.
📈 A bullish confirmation will be stronger if the price retests the breakout zone and maintains momentum above $1.27. Traders should also watch for volume spikes and key candlestick formations for further confirmation! 🧐

Let’s keep an eye on this one. Risk management is key! 📉💼

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