🚀 Wormhole (W) Pumps +20% – Reversal in Play or Just a Relief Rally?

The token $W (Wormhole) is showing signs of life today, jumping over +20% to reach $0.0755, after hitting a low of $0.0500 earlier this month. The recent move might indicate a short-term trend reversal — but let's break it down.

📊 Daily Technical Analysis:

RSI(6): 72.55 – Entering overbought territory. Some caution is needed.

EMA(7): 0.0666 vs. EMA(25): 0.0696 – Bullish momentum building up.

EMA(99): 0.0932 – Still above, acting as a key resistance zone.

Volume Surge: Big spike showing renewed buyer interest.

💡 Insight: The Wormhole ecosystem is back in the spotlight. If price holds above $0.072 and volume sustains, $0.08+ is on the table.

📌 My strategy:

I'm currently using a DCA approach — buying in small batches on dips between $0.068 and $0.072, aiming to build a position gradually. No rush here, just positioning for a potential breakout. 🧘‍♂️

👉 What’s your take on $W? Long-term play or quick swing trade?

#Write2Earn #Wormhole #DCAstrategy #AltcoinWatch #CryptoInsights