๐ฅ *WEN MOON?* ๐
*W showing MASSIVE Weekly Bullish Divergence!* ๐๐
Alright traders, letโs break it down like weโre staring at this chart together on the big screen:
โ
๐ Chart Breakdown:
1. *Top Half (Price Action - Weekly Timeframe)*
-W/USDT has been in a *long downtrend* โ price dropping consistently.
- But recently, it's showing signs of *bottoming out* with *higher momentum*, even as price made a *lower low*.
2. *Bottom Half (RSI - Relative Strength Index)*
- Here's the golden signal: *RSI is forming higher lows*, while the *price formed lower lows*.
- Thatโs called a *bullish divergence*, and on the *weekly timeframe*, itโs STRONG. ๐ง ๐ฅ
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๐ฎ What This Means:
- *Momentum is shifting bullishly*, even if price hasnโt fully reflected it yet.
- A *strong move to the upside* is highly possible if this divergence plays out.
- The green arrow suggests a *potential breakout* โ possibly a 2xโ5x run if momentum sustains.
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๐ Tips:
- This is a *macro signal* โ not a short-term scalp. Be patient.
- Watch for confirmation with volume and a break of recent resistance.
- *Set alerts*, not just hope. Let the chart do the talking.
- *Donโt fade weekly divergence* โ itโs often the early warning signal for major trend reversals.
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๐ฏ Real Talk:
This is one of those setups that early birds spot before the crowd. It doesnโt mean *instant pump*, but when weekly divergence hitsโฆ *smart money takes notice*. ๐ง ๐ธ
#WToken #CryptoTrading #BullishDivergence #TechnicalAnalysis