Let’s discuss about $W ; Fair Launch or ?
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- Wormhole's market cap is $2.1 billion, suggesting a significant pump may be less justifiable.
- Despite this, high volume and increasing open interest indicate active trading interest.
- Waiting for a balance and breakout in price action is advised.
- The current market structure is bearish, with main support at $1.1 and potential support at $0.90 if bearish momentum continues.
- Entry into the market is planned upon a technical bullish breakout above the main resistance level of $1.25.
- Confirmation of increasing open interest after the breakout is crucial for a bullish outlook.
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#Wormhole #Trading #pricepridiction $ENA $ENS #BinanceLaunchpool #Memecoins