Trust Wallet Token’s Meteoric Rally Hits Target - What’s Next for TWT?
Trust Wallet Token's bull run just slammed into resistance after hitting its projected target. The native token of Binance's official wallet surged through key levels before momentum faltered at the peak.
Technical Analysis Breakdown
TWT's parabolic move caught traders' attention as it ripped past multiple resistance zones. The token demonstrated classic momentum behavior—sharp climbs followed by consolidation phases. Now traders watch for either a breakout continuation or a healthy pullback.
Market Sentiment Shift
Volume patterns suggest profit-taking kicked in at the target zone. Retail FOMO met institutional selling pressure—a classic crypto dance that leaves bagholders whispering 'this time it's different' while smart money rotates elsewhere. The usual suspects on Crypto Twitter already blame 'whale manipulation' for the pause.
Because nothing says decentralized future like a handful of anonymous wallets controlling price action.