$W – Sharp Reversal In Play, Time to Ride the Momentum!
After a deep dip to $0.0836, $W has flashed a strong bullish reversal with a clean wick rejection, forming a powerful bounce setup!
Market Insight:
This sharp rejection from the recent low, followed by bullish engulfing candles, shows a potential trend shift. Price is now testing a previous structure zone around $0.0862, with plenty of upside to target the resistance near $0.0919.
Trade Setup:
Entry: $0.0862
Target: $0.0919
Stop Loss: $0.0836
Risk/Reward: 2.0+
Leverage Tip: Use 3x–5x for safer scaling on the bounce
Closing Thoughts:
Momentum has shifted! This bounce setup has the potential to rip through the resistance zone—keep your eyes on the volume and price action confirmation.
Buy and Trade here on Binance – $W
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