Token

Trust Wallet Token

<p>Trust Wallet Token (TWT) soared nearly 30% in the past 24 hours, reaching $1.26 before slipping back near $1.16. The sudden rally was widely linked to Binance Co-Founder Changpeng “CZ” Zhao’s latest X post, but technical charts show the move was already set in motion before social media hype kicked in.</p>
<p>On the 2-day chart, TWT had been forming an inverse head-and-shoulders pattern. a classic bullish setup. Once the breakout triggered, prices rushed again toward the projected target of $1.17. CZ’s quote on X helped accelerate the push, but once the target was met, traders quickly booked profits.</p>
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  <img width="1281" height="571" src="https://www.cryptotimes.io/wp-content/uploads/2025/09/TWTUSDT_2025-09-20_12-13-19.png" alt="TWT Price Chart – Source: Tradingview" style="width: 100%;height:auto">
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   TWT Price Chart – Source: <a href="https://www.tradingview.com/x/49aIv6Oe/" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a>
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<p>CZ wrote on <a href="https://x.com/cz_binance/status/1968896917565284860" target="_blank" rel="noopener noreferrer nofollow">X</a>, “TWT token started as an experiment. The FDV got too high quickly. They burned 99% of the supply, but didn’t have too many use cases for it. Now that’s expanding.” His post fueled attention, but the breakout was already primed technically.</p>
<h2 class="wp-block-heading" id="profit-taking-wave-signals-caution">Profit-taking wave signals caution</h2>
<p>After the spike, profit-taking hit hard. According to <a href="https://www.coinglass.com/currencies/TWT/spot" target="_blank" rel="noopener noreferrer nofollow">Coinglass</a>, exchange net flows flipped from 177,980 TWT on September 17 to +2.84 million just two days later, a massive 1,600% jump. This shows holders rushed to send tokens onto exchanges to lock in gains.</p>
<p>According to <a href="https://app.santiment.net/charts?settings=%7B%22slug%22%3A%22bnb-trust-wallet-token%22%2C%22ticker%22%3A%22TWT%22%2C%22from%22%3A%222025-08-18T18%3A30%3A01.928Z%22%2C%22to%22%3A%222025-09-19T18%3A29%3A59.928Z%22%7D&amp;widgets=%5B%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22price_usd%22%2C%22active_addresses_24h%22%5D%2C%22whm%22%3A%5B%5D%2C%22wax%22%3A%5B0%2C1%5D%2C%22wpax%22%3A%5B%5D%2C%22wc%22%3A%5B%22%2326C953%22%2C%22%23FF5B5B%22%5D%7D%2C%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22velocity%22%5D%2C%22whm%22%3A%5B%5D%2C%22wax%22%3A%5B0%5D%2C%22wpax%22%3A%5B%5D%2C%22wc%22%3A%5B%22%23FF5B5B%22%5D%7D%2C%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22daily_active_addresses%22%5D%2C%22whm%22%3A%5B%5D%2C%22wax%22%3A%5B0%5D%2C%22wpax%22%3A%5B%5D%2C%22wc%22%3A%5B%22%23FFAD4D%22%5D%7D%2C%7B%22widget%22%3A%22HolderDistributionCombinedBalanceWidget%22%2C%22wm%22%3A%5B%22holders_distribution_combined_balance_10M_to_100M%22%2C%22price_usd%22%5D%2C%22whm%22%3A%5B%5D%2C%22wax%22%3A%5B0%2C1%5D%2C%22wpax%22%3A%5B%5D%2C%22wc%22%3A%5B%22%23FF5B5B%22%2C%22%2326C953%22%5D%7D%5D" target="_blank" rel="noopener noreferrer nofollow">data</a> from Santiment, whales also participated in the sell-off. Wallets holding 10 million–100 million TWT trimmed their holdings by over $8 million in September, adding to the selling pressure.</p>
<h2 class="wp-block-heading" id="can-twt-hold-1-00">Can TWT hold $1.00?</h2>
<p>Despite the short-term excitement there, the long-term indicators are wary. Since late 2024, TWT has shown hidden bearish divergence, suggesting momentum isn’t strong enough to break its broader downtrend.&nbsp;</p>
<p>Key support sits at $1.00, then $0.84 and $0.71. On the upside, only a daily close above $1.42 and ideally $1.63 could shift sentiment bullish again. For now, the rally looks like a breakout target achieved and followed by heavy profit-taking, not yet a sustainable trend.</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>Also Read: <a href="https://www.cryptotimes.io/2025/09/17/bnb-jumps-as-changpeng-zhao-hints-at-binance-comeback/" target="_blank" rel="noopener noreferrer nofollow">BNB Jumps as Changpeng Zhao Hints at Binance Comeback</a></p>
</blockquote>

Trust Wallet Token Price Surges 30% to $1.26 Following CZ X Post

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The Crypto Times

Other articles published on Sep 20, 2025

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