Market Overview for Trust Wallet Token/Tether (TWTUSDT) on 2025-09-26

• TWTUSDT traded in a broad range from 1.16 to 1.26, closing near 1.196 after early losses.
• Strong bearish momentum seen in early session, countered by late recovery attempts.
• Bollinger Bands show high volatility with price retesting mid-band multiple times.
• Volume surged in early decline phase, diverging with price in late recovery.
• RSI hovered below 50 for most of the session, suggesting a mixed bear-bull tug-of-war.

Opening and Price Action

Trust Wallet Token/Tether (TWTUSDT) opened at 1.2341 on 2025-09-25 at 16:00 ET and hit a high of 1.2628 before dropping to a low of 1.1601. By 12:00 ET on 2025-09-26, the pair closed at 1.1957. Over the 24-hour period, the total volume traded was approximately 10,810,113.0 and the notional turnover reached ~$13,026,705 (based on weighted average pricing). The price action reveals a tug-of-war between bulls and bears, with bearish dominance early in the session and a late attempt to reclaim higher levels.

Structure and Candlestick Formations

The candlestick structure shows a strong bearish bias in the first 8 hours of the session, as TWTUSDT dropped from 1.24 to below 1.18, forming a series of engulfing patterns and long lower shadows. Around 18:30–21:45 ET on the 25th, key support levels were tested around 1.16–1.17, with a 1.16–1.17 consolidation zone emerging as a pivot for the next leg up. In the latter half of the session, a sequence of small bullish hammers and spinning tops emerged near 1.19–1.20, suggesting some short-covering and potential exhaustion of bearish momentum.

Technical Indicators and Trends

The 15-minute chart shows TWTUSDT closing slightly above the 50-period moving average and just below the 20-period line, hinting at mixed momentum. On the daily chart, the 200 SMA is currently at ~1.22, which may act as a key psychological level. The RSI spent the majority of the session below 50, indicating bearish control, but ended the session around 46, suggesting a potential equilibrium phase. The MACD histogram showed bearish dominance early in the session but has started to show signs of a bullish crossover at the close. Bollinger Bands are wide open, indicating high volatility, with the price oscillating around the mid-band in the last few hours.

Volume and Turnover

The highest volume spike occurred at 17:15 ET (1.1811 close), when TWTUSDT dropped from ~1.20 to ~1.18 on a large bearish candle. This was followed by a smaller but meaningful volume increase at 23:15 ET, where price rebounded back into the 1.168–1.170 range. The total 24-hour volume of ~10.8 million is above the 30-day average, indicating heightened attention and speculative activity. Turnover diverged from price toward the end of the session, with volume decreasing as price rose, signaling caution among traders.

Fibonacci and Key Levels

The 15-minute swing from 1.2628 to 1.1601 aligns with key Fibonacci levels. The 61.8% retracement is at ~1.220, and the 50% level is at ~1.195—very close to the current closing price. The 38.2% level is at ~1.168, which appears to have offered some minor support in the 23:15–23:45 ET period. The 61.8% level may act as a potential resistance or pivot zone if the bullish reversal holds.

Backtest Hypothesis

Given the current price hovering near the 50% Fibonacci retracement level and the mixed RSI signal, a potential backtest could focus on a mean-reversion strategy that enters long when price breaks above 1.195 with bullish divergence in RSI and MACD, with a stop loss at 1.185. Conversely, a short entry might be triggered if price breaks below 1.185 with bearish divergence. This hypothesis would align with the observed price behavior and the consolidation seen in the last 6 hours.