TWT market is currently in a clear bearish pattern, with the candlestick repeatedly hitting new lows, and the rebound highs becoming lower and lower. This is a typical destructive decline. Although the RSI indicator has entered the oversold zone, it shows little strength, indicating that the bullish momentum has completely disappeared, and the bears have taken full control. From a technical perspective, the subsequent rebound is likely to become an opportunity for bears to enter — as long as the price bounces back, it’s a good entry point for shorting. If the price really drops further, 0.85 is a relatively clear target zone, but remember, once the price breaks above 0.88, this analysis logic becomes invalid, which is a signal to quickly cut losses.
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SandwichTrader
· 4h ago
Such a fierce bear market, a rebound is just the time to harvest the little guys... See you at 0.85.
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AlwaysQuestioning
· 01-21 02:54
Is the 0.85 level a dream? It feels like I can never reach it.
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MevWhisperer
· 01-21 02:54
The bears are so fierce; a rebound is just the fate of the bagholders. See you at 0.85.
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TokenTherapist
· 01-21 02:50
TWT this thing, the shorts really can't push it down anymore. The rebound is just an opportunity to feed the shorts. I bet it hits bottom at 0.85.
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SolidityStruggler
· 01-21 02:48
TWT this time is really amazing, each rebound is lower than the last, the bears are in control, see you at 0.85
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0xInsomnia
· 01-21 02:44
The bears are so arrogant, I'll wait and see. Anyway, I'll sell as soon as it breaks 0.88. I don't want to be stuck for too long.
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BearMarketMonk
· 01-21 02:36
The bears are so fierce, a rebound is just giving away heads. It's better to wait until the decline is complete.
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DefiOldTrickster
· 01-21 02:27
Haha, another coin being ravaged by bears. I saw this play out ten years ago.
0.88, will this line really hold? I have my doubts. There are always people smashing during rebounds, then buying the dip afterward, cycle after cycle.
If you ask me, instead of studying these, it's better to look for arbitrage opportunities in lending rates around 0.85. The most profitable strategies in a bear market are never about predicting the direction.
By the way, can anyone still dare to go long on TWT? Young people are really bold.
TWT market is currently in a clear bearish pattern, with the candlestick repeatedly hitting new lows, and the rebound highs becoming lower and lower. This is a typical destructive decline. Although the RSI indicator has entered the oversold zone, it shows little strength, indicating that the bullish momentum has completely disappeared, and the bears have taken full control. From a technical perspective, the subsequent rebound is likely to become an opportunity for bears to enter — as long as the price bounces back, it’s a good entry point for shorting. If the price really drops further, 0.85 is a relatively clear target zone, but remember, once the price breaks above 0.88, this analysis logic becomes invalid, which is a signal to quickly cut losses.