Token

Trust Wallet Token

Momentum

<ul class="news-points"> 
 <li>TWT faces a support test at $0.9061 amid bearish pressure.</li> 
 <li>Trading activity decreases after TWT’s recent price drop.</li> 
 <li>Keltner bands hint at consolidation and a possible bullish breakout.</li> 
</ul> 
After failing to break through the $0.9231 resistance level, bullish momentum in the <a href="https://coinedition.com/tag/trust-wallet-token-twt/" rel="noopener noreferrer nofollow">Trust Wallet Token (TWT)</a> has retraced in the last 24 hours. As a result, bears took control of the TWT market and dipped the price to a support level of $0.9061. 
This level of support has been holding firm, indicating potential buying interest at this price point. However, further consolidation or a break below this level could indicate that the TWT market will remain bearish. 
TWT was trading at $0.9076 at publication, indicating a slight recovery from the dip. The current price indicates that buyers are stepping in to prevent further declines. 
While TWT’s market capitalization fell by 1.49% to $378,171,358, its 24-hour trading volume fell by 52.72% to $4,458,053, indicating that trading activity in the TWT market has decreased. This drop in trading activity could be attributed to market participants being cautious due to the recent price drop. 
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 <img decoding="async" width="699" height="553" src="https://coinedition.com/wp-content/uploads/2023/08/TWT-1.png" alt="" class="wp-image-327849" srcset="https://coinedition.com/wp-content/uploads/2023/08/TWT-1.png 699w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-300x237.png 300w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-221x175.png 221w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-380x301.png 380w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-495x392.png 495w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-88x70.png 88w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-112x89.png 112w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-181x143.png 181w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-562x445.png 562w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-312x247.png 312w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-303x240.png 303w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-209x165.png 209w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-267x211.png 267w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-234x185.png 234w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-102x81.png 102w, https://coinedition.com/wp-content/uploads/2023/08/TWT-1-95x75.png 95w" sizes="(max-width: 699px) 100vw, 699px"> 
 <figcaption class="wp-element-caption"> TWT/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/trust-wallet-token/#Chart" target="_blank" rel="noopener noreferrer nofollow">Coi…</a> 
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/twts-bullish-momentum-builds-as-buyers-defend-support/">TWT‘s Bullish Momentum Builds as Buyers Defend Support</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

TWT‘s Bullish Momentum Builds as Buyers Defend Support

Coin Edition

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