The post TWT Weekly Analysis Jan 24 appeared on BitcoinEthereumNews.com. TWT closed the week at $0.86 with a 1.51% drop, maintaining its downtrend structure; whileThe post TWT Weekly Analysis Jan 24 appeared on BitcoinEthereumNews.com. TWT closed the week at $0.86 with a 1.51% drop, maintaining its downtrend structure; while

TWT Weekly Analysis Jan 24

TWT closed the week at $0.86 with a 1.51% drop, maintaining its downtrend structure; while the market seeks accumulation signals, critical supports are being tested at $0.8332, Bitcoin’s bearish supertrend is creating pressure on altcoins.

TWT in the Weekly Market Summary

TWT traded in a narrow $0.86-$0.89 range last week, experiencing a 1.51% loss. Volume profile remained low at the $3.47M level, momentum RSI at 41.38 in the neutral-bearish zone. MACD shows a negative histogram and short-term bearish bias prevails as long as price stays below EMA20 ($0.90). Market structure is in a consolidation phase within the overall downtrend; for position traders, the question of accumulation or distribution is forefront. In the macro context, Bitcoin’s downtrend is limiting altcoins, while a long-term trend breakout is expected in TWT’s own cycle. This week, follow the TWT detailed spot analysis and TWT futures market data.

Trend Structure and Market Phases

Long-Term Trend Analysis

The long-term trend structure shows a clear downtrend character; higher timeframes (1W/1M) continue with lower highs and lower lows formation. The bearish bias remains intact as long as price stays below the main trend filter at $0.98 resistance. According to Wyckoff methodology, signals for transition from markdown phase to re-accumulation are weak; although trend momentum has decreased with volume decline in recent weeks, there is no structural breakout. From a portfolio manager perspective, TWT’s cycle position is in the secondary test phase after distribution; $1.1558 upside objective looks distant, while $0.5862 downside risk is more realistic. Market structure suggests downtrend remains intact as long as $0.8960 resistance holds.

Accumulation/Distribution Analysis

Last week’s narrow range ($0.86-$0.89) shows accumulation phase characteristics, but emerging distribution patterns with low volume and bearish MACD. In the volume profile, the high-volume node around $0.8614 acts as support, but a break below $0.8332 major support could trigger a selling climax. RSI at 41.38 shows no divergence, not oversold; this sets the stage for prolonged consolidation or new lows. In the altcoin cycle, TWT seeks opportunities at smart money accumulation levels ($0.8332), while retail distribution was observed at $0.8643. Strategically, volume increase and higher low are needed for accumulation confirmation.

Multi-Timeframe Confluence

Daily Chart View

On the daily timeframe, TWT is trying to hold above $0.8614 support; out of 9 strong levels, there is 2 support/2 resistance confluence on 1D. Price is below EMA20, MACD confirms bearish cross. Key inflection point at $0.8643; upside breakout brings short-covering, downside brings momentum loss. RSI neutral, but Stochastic approaching oversold – bounce potential if daily close stays above $0.8332.

Weekly Chart View

On the weekly chart, downtrend dominant; $0.8960 and $0.98 resistances strong confluence (3R on 1W). Major support $0.8332 (71/100 score) aligns with weekly lows. Trend remains intact as long as weekly close below $0.8643; upside requires $0.98 breakout. Multi-TF confluence shows bearish tilt – position traders should watch weekly pivots. Follow general market context for TWT and other analyses.

Critical Decision Points

Key levels to determine market direction: Major Support $0.8332 (71/100, confluence 3D/1W), $0.8614 (64/100). Major Resistance $0.8643 (70/100, immediate hurdle), $0.8960 (70/100), $0.98 (trend filter). Breakdown below $0.8332 opens $0.5862 downside; breakout above $0.8960 targets $1.1558. Strategic R/R: Upside 34% potential vs downside 32% risk ($0.86 base). Watch: BTC dominance and TWT volume spikes.

Weekly Strategy Recommendation

In Upside Case

If $0.8643 breakout and weekly close above $0.8960 confirms, long position: Initial target $1.1558, stop-loss below $0.8332. Confluence: Add if RSI >50, MACD histogram turns positive. Position size %2-3 risk, target R/R 1:2+. BTC above $89,608 required for altcoin rally.

In Downside Case

$0.8614 breakdown and close below $0.8332 offers short opportunity: Target $0.5862, stop above $0.8960. Bearish confirmation: Lower low with decreasing volume. Risk %1-2, supported by BTC downtrend. Avoid overleverage, check TWT futures market data for futures.

Bitcoin Correlation

TWT highly correlated with BTC (%0.85+); BTC in downtrend at $89,551, supertrend bearish – caution for altcoins. If BTC key supports $88,362/$86,569 break, TWT $0.8332 test accelerates. BTC resistances above $89,608/$91,095 breakout gives lift to TWT, paving way to $0.8960. Dominance increase triggers TWT distribution; if BTC stabilizes, TWT remains range-bound.

Conclusion: Key Points for Next Week

Next week focus: Does $0.8332 support hold or break? $0.8643 resistance retest. BTC below $88,362 cascade risk, above $91,095 relief rally. Watch volume increase and RSI divergence; if downtrend intact, patience, action on breakouts. Position traders keep macro cycle forefront – early longs risky.

This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/twt-weekly-analysis-downtrend-continues-on-january-24-2026

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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