MyCryptoParadise_Nathan

TWT/USDT Rejected and back to retesting. Could Breakout ??

BINANCE:TWTUSDT   TWT / TetherUS
πŸ’Ž TWT has recently encountered notable market dynamics. After a strong rejection upon testing the supply area, there's potential for the price to retreat to the demand area to gather new momentum.

πŸ’Ž If the breakout from the demand area is valid, the price can reach the probability of our target area. However, if the breakout fails, the price may retreat to the Bullish Order Block (OB) area.

πŸ’Ž The Bullish OB area has historically shown strength in supporting TWT's price, making it crucial for a bounce when the price reaches this level.

πŸ’Ž Failure to bounce, leading to a breakdown of this area, could signify bearish sentiment and prompt further downward movement in the price. Traders should monitor price action carefully around these key levels to gauge potential market direction.

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