📊 #Wormhole ( $W /USDT) Technical Outlook — 4H Chart

Current Price: $0.0819

🎯 Target 1: $0.0865

This level marks a local resistance zone where price previously consolidated before dropping.

Given the strength of the recent green candles, this is a realistic short-term target.

🎯 Target 2: $0.0915

This aligns with the top of the prior price range in mid-June.

If the bullish momentum holds, it’s the next critical area of interest before stronger sellers step in.

🎯 Target 3: $0.1000

Psychological barrier and round-number resistance.

A break above this could indicate a shift in macro sentiment toward a broader reversal.

🛡️ Support Levels:

$0.0740 (MA7 + recent breakout zone)

$0.0660 (25MA + mid-term trend line)

$0.0640 (99MA base support)

📌 Summary:

W has shown strong breakout structure on the back of layered MA convergence. A golden cross formation is forming on the lower MAs, and if volume continues, it could trigger a mini squeeze into the $0.09–$0.10 zone.

But caution — the rally is vertical and RSI may be nearing overbought soon. Don’t chase, let it breathe.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!