W/USDT (4H): Cooling off after the impulse — getting ready for a bounce? 📈
After a powerful surge to $0.03188, the W/USDT trading pair entered a correction and dropped to key levels. The price is now squeezed between the EMA50 ($0.01815) and the dynamic EMA99 support ($0.01626).
The RSI (31.3) and Stoch RSI indicators have moved into local oversold territory, while selling volume has started to fade. This offers an excellent risk/reward opportunity to buy the bounce (long scenario).
📊 Trading Plan (LONG):
🔹 Entry points:
• Aggressive: $0.01750 – $0.01720 (at the current price, on a retest of the EMA50)
• Conservative: $0.01630 – $0.01660 (liquidity grab near the EMA99)
🎯 Targets:
$0.01990 (+14% — EMA21 retest)
$0.02250 (+29% — intermediate resistance)
$0.02480 (+42% — local trend zone)
🛑 Stop-loss: $0.01550 (a close below the EMA99 and the local low)
Trade 👉$W
After a powerful surge to $0.03188, the W/USDT trading pair entered a correction and dropped to key levels. The price is now squeezed between the EMA50 ($0.01815) and the dynamic EMA99 support ($0.01626).
The RSI (31.3) and Stoch RSI indicators have moved into local oversold territory, while selling volume has started to fade. This offers an excellent risk/reward opportunity to buy the bounce (long scenario).
📊 Trading Plan (LONG):
🔹 Entry points:
• Aggressive: $0.01750 – $0.01720 (at the current price, on a retest of the EMA50)
• Conservative: $0.01630 – $0.01660 (liquidity grab near the EMA99)
🎯 Targets:
$0.01990 (+14% — EMA21 retest)
$0.02250 (+29% — intermediate resistance)
$0.02480 (+42% — local trend zone)
🛑 Stop-loss: $0.01550 (a close below the EMA99 and the local low)
Trade 👉$W