Technical analysis by readCrypto about Symbol TWT on 9/23/2025

readCrypto
Support and Resistance Area: 0.9563-1.0036

Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (TWTUSDT 1W Chart) The key support and resistance area is 1.65-1.8839. To break above this important support and resistance zone, we need to see if the price can maintain support near 1.0036 and rise above 1.4026. - (1D chart) Since the HA-High indicator on the 1D chart was generated at 0.9563, it's crucial to see if the price can maintain above 0.9563-1.0036. To achieve this, the key is whether the price can rise after finding support near 1.2224. Therefore, if the price falls below 1.2224, support around 0.9563-1.0036 will be crucial. ------------------------------------ The basic trading strategy is to buy in the DOM(-60) ~ HA-Low range and sell in the HA-High ~ DOM(60) range. However, if the price rises from the HA-High to DOM(60) range, it is likely to exhibit a step-like upward trend, while if it falls from the DOM(-60) to HA-Low range, it is likely to exhibit a step-like downward trend. Therefore, the basic trading strategy should be a segmented trading strategy. Buying when the HA-High to DOM(60) range shows support requires a short and quick response. As mentioned earlier, the HA-High to DOM(60) range is considered a sell zone, or resistance zone. Therefore, if possible, it's best to find a buying opportunity when the price declines and then rises. 1. The K indicator of the StochRSI indicator should be rising. If possible, it should not enter the overbought zone. 2. The On-By-Sign-Operative (OBV) indicator should be rising. If possible, it should remain above the High Line. 3. The TC (Trend Check) indicator should be rising. If possible, it should be above the 0 point. When the three indicators listed above are met, the price is likely to continue its upward trend. - Thank you for reading to the end. We wish you successful trading. --------------------------------------------------