$TWT $0.72 Support Under Threat: Can Bulls Hold Off a Sharp Decline?

$TWT is testing $0.72 support, this could decide its near-term direction.

A break below $0.72 may trigger a drop toward $0.65, but a move above $0.77 could spark a rally.

Falling volume and lower highs show weakening momentum, making September a critical month for $TWT’s next big move.

Trust Wallet Token ($TWT) is at a crucial point. The price is hovering around $0.72 inside a descending triangle—a bearish pattern that often signals a drop if support breaks. After several tests, the $0.72 level is holding for now, but sellers are growing stronger. What happens here will likely decide $TWT’s direction for the rest of September.

$TWT Faces Pressure and Flat Support

Since mid-July, $TWT has been forming a descending triangle on the daily chart. This pattern shows the price making lower highs while support stays around $0.72. The 9-day EMA is below the 50-day SMA, confirming short-term bearish momentum. Right now, $TWT trades just below these moving averages, which means sellers still have the upper hand.

Volume peaked during a mid-August rally, but since then, it’s dropped off. Traders seem to be waiting for a clear signal. A drop below $0.72 with strong volume could speed up the move down toward the $0.65–$0.68 support zone.

Bulls need to push $TWT above $0.77 to break the descending resistance line. That would turn the outlook bullish and could lead to a move up to $0.82–$0.85. Until then, the token is stuck in a tight spot.

$TWT gained 0.91% in the past day but is still down 2.36% this week. As at press time the price is near $0.72.A clear breakout or breakdown will likely set the trend. For now, waiting for confirmation is the safer play.

What’s Next for Trust Wallet Token?

With a market cap near $300 million, $TWT is one of the top tokens on the BNB Chain. Its connection to Trust Wallet, which has millions of users worldwide, gives it real utility and demand.

Still, $TWT’s price action shows the market is indecisive. September will be a key test for $TWT — either breaking lower or staging a rebound. Traders should watch the critical levels closely and be ready for increased volatility.

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