TWT's 12-hour chart tells a pretty straightforward story right now – momentum belongs to the bears.

The token keeps grinding below that descending trendline and sitting under the EMA, which basically means sellers haven't loosened their grip yet.

What's worth watching though? That $0.95 to $1.00 zone. It's not just random support – this demand area has actually pushed price back up before when tested.

Here's the reality check: despite this support holding for now, the overall structure screams downtrend. Nothing changes until TWT manages to crack above that trendline resistance and reclaim space above the moving average.

Until that flip happens, any bounce from current levels might just be a temporary pause in the broader slide. The tape doesn't lie – trend remains south unless proven otherwise by price action.