$WAN /USDT BULLISH SETUP WITH UPSIDE POTENTIAL
$WAN/USDT is showing signs of bullish momentum as price holds near the 7-day and 99-day moving averages, with the 25-day MA acting as resistance. The MACD is near neutral, indicating weakening bearish pressure and potential for an upward move.
LONG entry is advised near current support around the 7-day MA.
Targets:
TP1 at recent 24-hour high resistance
TP2 above recent highs to capture extended gains
Stop Loss should be placed below the 99-day MA to limit downside risk.
Risk management: Risk 2-3% per trade, implement a tight stop loss, and scale out partial profits at TP1 while trailing stops to secure gains.
This setup favors bullish continuation, monitoring for any breakdown below stop loss to avoid losses.
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