A strong rally seems to be losing momentum, and buying interest shows signs of fatigue when testing key resistance levels. Extreme overbought conditions indicate that buyers cannot sustain this strength indefinitely, and sellers are beginning to see opportunities. Momentum is shifting to the downside, which is usually favorable for a downward trend if supply remains active.
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$TWT is currently in an overbought saturation state, and selling pressure is beginning to appear.
Short $TWT now
Entry: 0.5320 – 0.5350
Stop Loss: 0.5370
First Target: 0.5220
Second Target: 0.5140
Third Target: 0.4530
A strong rally seems to be losing momentum, and buying interest shows signs of fatigue when testing key resistance levels. Extreme overbought conditions indicate that buyers cannot sustain this strength indefinitely, and sellers are beginning to see opportunities. Momentum is shifting to the downside, which is usually favorable for a downward trend if supply remains active.
Trade $TWT 👇 here