🌀 $W /USDT – Finally Awakening from the Dead Zone?

🕰️ 1D Timeframe | 💹 Price: $0.0702 (+17.39%)

After a brutal and consistent downtrend, W is showing its first real bounce in weeks — but is this a relief rally or the start of something bigger?

📈 Technical Outlook:

Price Action: Trading well below the 99-day MA ($0.0829), but today's bounce finally broke above both the 7-day and 25-day MAs ($0.0609 / $0.0690).

Momentum: A 17% daily candle off the bottom is significant — likely fueled by short-term mean reversion and oversold conditions.

Structure: Still in a long-term downtrend, but now testing the first stage of early accumulation.

🎯 Target Levels (If Bounce Holds):

🎯 Target 1 – $0.085

Backtest of the MA99 and former support-turned-resistance area. This is the first critical battle zone.

🎯 Target 2 – $0.11

Major horizontal resistance level from late Q1 2025. Breaking this would confirm a trend reversal pattern.

🎯 Target 3 – $0.165–$0.18

Strong liquidity pocket from the November 2024 range. Only possible with high volume and sustained hype — more of a mid-term swing target.

⚠️ Risk Factors:

The long-term trend is still down until proven otherwise.

A lower high rejection at $0.085 or $0.11 could trap bulls.

Needs volume confirmation — watch closely for fading momentum.

✅ Strategy Insight:

Short-term traders can look for entries above $0.071–$0.073 with tight stop-loss under $0.066.

Mid-term swing only makes sense if price holds above MA99 on a 3-day close.

Not a place to YOLO — this is speculative recovery, not yet a confirmed bull phase.

🧠 Conclusion:

W is stirring — but it's walking on a tightrope between breakout and another leg down. The first bounce is always exciting, but the second push is what proves a trend shift. Eyes on volume, structure, and patience.

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