- TWTUSDT hit an ATH
- The market then retraced, rejecting the ( ) resistance and breaking down below the minor (MAC) support.
- Price is retesting the ( ) support and 0.618 level.
- There's a relatively high concentration of buyers at this retest zone.
- The retracement is bounded in the minor ( MDC ).
- A breakout above the minor ( MDC ) resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the minor ( MDC ) resistance and the previous swing high horizontal (R1).
- Horizontal (R1).
- Horizontal (R2).
SETUP INVALIDATION ❌
- Breakdown below the ( ) and previous swing low horizontal (S1).