TWT/USDT — Capitulation to 2021 Lows: Weak Hands or Opportunity?

Price has broken all supports and dropped almost without bounces to 2021 lows.
Weekly RSI has printed a new ATL.

For TWT, sharp dumps on FUD and explosive upside without clear catalysts are both typical.

📌 Fundamentals:
— CEO change at Trust Wallet
— investor disappointment in the token
— roadmap delays
— team focus shifted to other projects
— MetaMask token delays weakening the wallet narrative

📊 Chart:
Price has reached a key demand zone where significant volume was previously accumulated and where the last major rally started.
However, last time it took around 10 weeks to form a reversal.

The fractal (in blue) suggests a potential recovery closer to mid-summer.

In a broader bear market, no project is incentivized to defend price levels aggressively.
Still, for TWT, preventing such a deep drawdown would likely have required relatively limited effort.

I’ll be watching the reaction during the next market bounce:
if the move is weak — allocation to TWT will be reduced.