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#TWT, #TrustWalletToken Update

A quick look at #TrustWalletToken (#TWTUSDT, #Binance, 4HR):

Price broke the upper resistance of the pennant pattern on April 4 with a nice volume spike.
Since then, we missed TP1 by a $0,01 and lost support at the $0,80 level.
Currently, we are testing support at $0.74. If it manages to hold and push higher through resistance, we could see #TWT resume its path towards T1. If not, price might go back down and try to rebound from the EMA200, or in the $0.65-$0.62 range.

To read more about TWT on CoinMarketCap, click here.

What do you think?

Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)

Thank you and Happy trading!

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Needless to say, this is not financial advice!

액티브 트레이드

Well, it did break from the wedge... just not the direction I was hoping for. The stop loss is was not activated and price rebounded at the expected support level. We just need to wait for price to make its way back up.