W/USDT shows a bullish reactivation, reaching a high of $0.12987 in 24 hours. The breakout of the 50-day moving average at $0.10503 could further boost the rise.
The price faces resistance at $0.1201, with an increase in buying volume. For the trend to continue, it must remain above the support at $0.1021. If successful, it could head to $0.1400 and $0.1600.
Traders should watch for a breakout above $0.12987 to confirm the bullish trend, while retracements to $0.1021 may present re-entry opportunities.
As long as the bullish momentum continues, there is room for more gains in W/USDT. However, it is recommended to trade cautiously and manage risks properly.
