$TWT/USDT 12h (#Bybit) Descending trendline breakout and retest

Trust Wallet Token regained 50MA support, seems to be done with the downtrend and ready for recovery towards 200MA.

⚡️⚡️ #TWT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (4x)
Amount: 5.0%

Current Price:
1.2160

Entry Targets:
1) 1.2030

Take-Profit Targets:
1) 1.3845

Stop Targets:
1) 1.0820

Published By: @TradingOn

$TWT #TWTUSDT #TrustWalletToken

Risk/Reward= 1:1.5
Expected Profit= +60.3%
Possible Loss= -40.2%

Comment:

trustwallet.com/

Trade closed: stop reached:

$TWT almost hit target but got rejected slightly below 200MA resistance, leading to SL after.