đ #Wormhole ( $W /USDT) Technical Outlook â 4H Chart
Current Price: $0.0819
đŻ Target 1: $0.0865
This level marks a local resistance zone where price previously consolidated before dropping.
Given the strength of the recent green candles, this is a realistic short-term target.
đŻ Target 2: $0.0915
This aligns with the top of the prior price range in mid-June.
If the bullish momentum holds, itâs the next critical area of interest before stronger sellers step in.
đŻ Target 3: $0.1000
Psychological barrier and round-number resistance.
A break above this could indicate a shift in macro sentiment toward a broader reversal.
đĄïž Support Levels:
$0.0740 (MA7 + recent breakout zone)
$0.0660 (25MA + mid-term trend line)
$0.0640 (99MA base support)
đ Summary:
W has shown strong breakout structure on the back of layered MA convergence. A golden cross formation is forming on the lower MAs, and if volume continues, it could trigger a mini squeeze into the $0.09â$0.10 zone.
But caution â the rally is vertical and RSI may be nearing overbought soon. Donât chase, let it breathe.
â ïž DYOR â Do Your Own Research. This is not financial advice. Markets can be volatile â always trade responsibly!