MyCryptoParadise_Nathan

TWT/USDT Break out the descending pattern or get rejected ??

BINANCE:TWTUSDT   TWT / TetherUS
💎 TWT is currently in the spotlight in the market, facing a critical resistance trendline within a descending channel pattern. For TWT to sustain its upward trajectory, breaking out of this pattern is essential.

💎 Achieving a breakout could pave the way for TWT, easing its path towards reaching our targeted area.

💎 However, should TWT fail to surpass the resistance trendline of the descending channel soon, it might be compelled to revert to the demand zone to gather new momentum.

💎 A key factor to observe is TWT's performance in the demand area. If it fails to show a robust rebound and only consolidates, this might indicate a loss of demand strength. In such a scenario, TWT could shift towards a bearish trend, potentially leading to a further descent.

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