$WUSDT Price Movement Watch
24h decline: 30.96%; current price: 0.0196 USDT; 24h trading volume: approximately 26.13 million USDT
W (Wormhole) surged more than 60% yesterday to 0.0284, driven by the cross-chain integration of Hyperliquid’s HYPE via Wormhole’s NTT solution and leveraged capital. Today, amid a broad market correction, bulls have taken profits en masse, giving back most of the gains. In addition, approximately 50.4 million W tokens are set to unlock on October 16, and expectations of increased supply are adding to selling pressure.
Key levels: 0.0183 is the intraday low; if it breaks, watch the 0.015 area. Resistance above lies at 0.0287 (yesterday’s high). This is a pullback correcting an overextended rally, not a sell-off triggered by negative news, so avoid chasing shorts. Watch whether the 0.018–0.02 range can stabilize before considering buying the dip.
24h decline: 30.96%; current price: 0.0196 USDT; 24h trading volume: approximately 26.13 million USDT
W (Wormhole) surged more than 60% yesterday to 0.0284, driven by the cross-chain integration of Hyperliquid’s HYPE via Wormhole’s NTT solution and leveraged capital. Today, amid a broad market correction, bulls have taken profits en masse, giving back most of the gains. In addition, approximately 50.4 million W tokens are set to unlock on October 16, and expectations of increased supply are adding to selling pressure.
Key levels: 0.0183 is the intraday low; if it breaks, watch the 0.015 area. Resistance above lies at 0.0287 (yesterday’s high). This is a pullback correcting an overextended rally, not a sell-off triggered by negative news, so avoid chasing shorts. Watch whether the 0.018–0.02 range can stabilize before considering buying the dip.