Market Overview for Trust Wallet Token/Tether (TWTUSDT) on 2025-12-13

Summary
• Price tested key support at 0.9575–0.959 before rebounding into a bullish consolidation phase.
• Volume surged during the 0.961–0.963 range, suggesting accumulation ahead of the 0.966–0.970 resistance cluster.
• RSI showed oversold readings earlier, now neutralizing, while MACD suggested renewed upward momentum in the final hours.

Price and Volume Summary

Trust Wallet Token/Tether (TWTUSDT) opened at 0.959 and closed at 0.9675 over the 24-hour window, reaching a high of 0.9738 and a low of 0.9575. Total volume amounted to approximately 930,000 contracts, with a notional turnover of roughly $903,500.

Structure & Formations

A strong support zone emerged near 0.9575–0.959, where the price bounced multiple times. A bullish engulfing pattern formed in the early morning (00:15–00:30), confirming a short-term reversal. Toward the close, a small bullish doji appeared near 0.9675, suggesting potential exhaustion in the upleg.

Moving Averages and Momentum

The 5-minute chart showed the price crossing above the 20- and 50-period moving averages in the final hours, reinforcing a short-term bullish bias. RSI moved from oversold territory to a neutral range, while MACD remained positive and crossed above its signal line shortly before the close, signaling growing momentum.

Volatility and Bollinger Bands

Bollinger Bands displayed a mild expansion, with the price testing the upper band around 0.973 and the lower band near 0.9575. Volatility has stabilized in the final hours, with price action clustering just below the 0.970 psychological level.

Volume and Turnover Analysis

Volume increased notably in the 0.961–0.963 range, aligning with a consolidation phase. The largest turnover spike occurred at 12:45 ET when the price reached 0.9686, but failed to break decisively above 0.970.

Fibonacci Retracements

Key Fibonacci levels from the 0.9575 to 0.9738 swing showed the price consolidating near the 61.8% retracement level at approximately 0.966. This level now appears to be acting as a dynamic support, with the next key resistance at 0.971.

The market appears to be testing the upper boundary of a short-term bullish channel with increasing conviction. A break above 0.971 could extend the move toward 0.975, but caution is warranted given the thin volume above 0.970 and the lack of a clear breakout pattern. Investors should remain alert for a potential pullback or reversal if key resistances fail to hold in the next 24 hours.