#TariffsPause
#WCT
The asset has been in a stable upward channel since its inception. The price is currently bouncing off the channel's support line, coinciding with the 0.5 level on the Fibonacci, which signals the beginning of a new wave of growth.
Entry point:
$0.42 — the price is near the support line, and the growth has not yet actively started, providing a favorable entry point while adhering to risk management.
Growth potential:
$0.61 — the target is calculated based on the average length of previous growth waves, also coinciding with the upper boundary of the channel.
Stop-loss:
$0.36 — located below the minimum of the current wave and key support levels.$WCT