TWT Technical Analysis Jan 29

While TWT stabilizes around $0.87, closely monitor intraday critical levels. A break at nearby support $0.8658 or resistance $0.8713 will determine momentum.

Short-Term Market Outlook

As of January 29, 2026, TWT is trading at the $0.87 level and stayed in the $0.86-$0.89 range with a -1.05% drop over the last 24 hours. Volume remains at moderate levels of $3.83M, while the overall trend continues upward. Price holding above EMA20 ($0.87) gives a short-term bull signal. RSI at 52.51 in the neutral zone, no overbought/oversold conditions. MACD histogram is positive and supports the bull trend, but Supertrend gives a bearish signal at $0.91 resistance. The uptrend can be maintained for the next 24-48 hours, but BTC’s downward pressure requires caution in altcoins. 10 strong levels detected in 1D/3D/1W timeframes: 1D with 1 support/4 resistance, 3D with 1S/1R, 1W with 2S/3R. Short-term targets above $0.9603 (score 50), below $0.7884 (score 22). News flow is calm, so technical levels take center stage. For active traders, intraday scalp opportunities can be sought in the $0.8658-$0.8924 band, but beware of high volatility risk.

Intraday Critical Levels

Nearby Support Zones

The nearest support zone is $0.8658 (score 91/100), close to today’s low of $0.86 and a quick invalidation point. If this level breaks, the next support drops below $0.86, accelerating momentum loss. For swing traders, holding above $0.8658 provides reliable ground for long positions. For risk management, place stop-loss just below this level with 0.5-1% tightness.

Nearby Resistance Zones

First resistance at $0.8713 (score 87/100), just 0.15% above current price and aligned with Supertrend. A breakout opens $0.8924 (score 83/100), the gateway to medium-term targets. Higher up, $0.9313 (score 63/100) is a strong barrier. These levels are intraday scalp zones: short opportunity on $0.8713 test, long momentum on breakout.

Momentum and Speed Analysis

Short-term momentum is bull-weighted with MACD’s positive histogram, but RSI’s neutrality around 52 limits speed. Despite bearish Supertrend, holding above EMA20 shows upward momentum potential on the 4-hour chart. Volume is low, so expect volume spikes on breakouts. Speed analysis: Upward momentum accelerates on $0.8713 breakout, slows on $0.8658 stop below. Volatility expected at 2-3% in the next 24 hours, ideal for scalpers. Risk: Sudden BTC dumps can reverse TWT speed.

Short-Term Scenarios

Upside Scenario

If $0.8713 resistance breaks cleanly with a close above $0.8720, rapid momentum kicks in toward $0.8924 (target $0.9603). Trigger: 15min candle volume increase + MACD cross upward. Invalidation: Drop below $0.8658. This scenario extends the uptrend to 48 hours, with R:R 1:3 potential. Check TWT Spot Analysis for spot, TWT Futures Analysis for futures.

Downside Scenario

If $0.8658 support breaks and drops below $0.8640, bearish speed accelerates toward $0.86 test (target $0.7884). Trigger: RSI drop below 50 + BTC testing $87,369 support. Invalidation: Rebound to $0.8713. In this case, short scalps take priority, stop above $0.8713. High risk: Short-term trades can lead to 5%+ losses.

Bitcoin Correlation

BTC at $88,008 with -2.39% drop in downtrend, Supertrend bearish. TWT highly correlated with BTC (0.85+), if BTC breaks $87,369 support, pressure on TWT $0.8658 increases. BTC resistances $88,660-$89,595: Break here triggers TWT rally to $0.8924. If BTC dominance rises, altcoin rotation weakens, $0.8658 remains critical for TWT. If BTC drops below $86,586, TWT downside scenario activates – altcoin traders should prioritize BTC levels.

Daily Summary and Monitoring Points

Today’s key watches for TWT: $0.8658 support and $0.8713 resistance. Upside scenario to $0.8924 on breakout, downside $0.86 test. Momentum bull via MACD, but BTC pressure warrants caution. Scalp zone: $0.8658-$0.8713. Risk management: Position size 1-2% capital, tight stops. No news, technicals dominate. Short-term trading is high risk – be prepared for capital loss potential. Spot/futures links: TWT Spot | TWT Futures. 48-hour outlook: $0.92+ if uptrend holds, $0.82 risk on breakdown.