$W has completely retraced October’s rally and returned to its 9-month accumulation support, around $0.0100.
This zone is starting to look interesting, with a liquidity gap between $0.0120 and $0.0300. A confirmed breakout could pave the way for a strong bullish expansion.
Price targets:
* $0.016 – $0.018
* $0.022 – $0.024
* $0.028
* Final target: $0.032 – $0.035
Invalidation: daily close below $0.008.
I prefer spot positions and disciplined risk management. The upside potential is interesting, but confirmation remains key.
#trading
This zone is starting to look interesting, with a liquidity gap between $0.0120 and $0.0300. A confirmed breakout could pave the way for a strong bullish expansion.
Price targets:
* $0.016 – $0.018
* $0.022 – $0.024
* $0.028
* Final target: $0.032 – $0.035
Invalidation: daily close below $0.008.
I prefer spot positions and disciplined risk management. The upside potential is interesting, but confirmation remains key.
#trading
