Market Overview for Trust Wallet Token/Tether (TWTUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 8, 2026 12:13 am ET1min read
TWT
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Aime RobotAime Summary

- TWTUSDT broke 0.9183 resistance with a bullish engulfing pattern, signaling short-term buying pressure.

- RSI showed balanced momentum (40-60 range) while Bollinger Bands reflected heightened volatility near 0.92.

- 50-period MA crossed above price during 02:00-02:15 ET, and turnover spiked at 03:45 ET amid a sharp price drop.

- Key support/resistance levels (0.9114-0.9193) and Fibonacci 61.8% retracement at 0.9162 shaped near-term directional bias.

Summary
• Price broke key resistance at 0.9183, forming a bullish engulfing pattern.
• RSI suggests moderate momentum with no overbought or oversold signals.
• Bollinger Bands show increased volatility with price near the upper band.
• Turnover surged during the 02:00–03:00 ET window despite sideways price action.
• 50-period MA on 5-min chart crossed above price, signaling potential short-term strength.

Trust Wallet Token/Tether (TWTUSDT) opened at 0.9148 on 2026-01-07 12:00 ET, reached a high of 0.9207, and closed at 0.9112 by 2026-01-08 12:00 ET, with a low of 0.9060. Total volume for the 24-hour window was 433,293, and notional turnover was $383,690.

Structure & Formations


Price formed a bullish engulfing pattern around 0.9183 during the 17:30–18:00 ET window, suggesting short-term buying pressure. Key support levels were identified at 0.9114, 0.9101, and 0.9083, with resistance at 0.9184 and 0.9193. A doji formed near 0.9145, indicating indecision.

Moving Averages


On the 5-minute chart, the 50-period MA crossed above price during the 02:00–02:15 ET window, signaling short-term bullish momentum. The daily chart shows the price above the 50-period and 200-period MAs, suggesting a neutral to slightly bullish bias.

MACD & RSI


MACD remained in positive territory for much of the session, with a narrowing histogram indicating flagging momentum. RSI fluctuated between 40 and 60, with no clear overbought or oversold readings, suggesting a balanced market.

Bollinger Bands


Bollinger Bands widened during the early morning hours, reflecting increased volatility. Price spent time near the upper band between 02:00–03:00 ET, suggesting strength in the 0.92 range.

Volume & Turnover


Volume spiked to 21,397 at 03:45 ET, coinciding with a sharp drop from 0.9111 to 0.9071. Turnover also increased significantly during this period despite muted price movement, indicating a potential shift in market sentiment.

Fibonacci Retracements


Fibonacci retracements showed the 61.8% level at around 0.9162, which held as resistance before price moved lower. The 38.2% retracement level at 0.9126 briefly acted as support during the 22:45–23:00 ET window.

Looking ahead, the 0.9120–0.9140 zone appears key for near-term direction, with a break above 0.9190 likely to reinvigorate bullish sentiment. Traders should watch for volume divergence and RSI exhaustion near 70 as possible reversal indicators.