Yello, Paradisers! Is #Wormwhole primed for a bullish continuation after breaking its descending resistance, or will it struggle? Let’s dive into the latest analysis for #WUSDT:
💎#WUSD has officially broken out of its descending resistance, marking a pivotal moment in its price action. This breakout signals a potential shift in momentum, and the focus now shifts to the $0.34-$0.40 supply zone, which represents a major barrier for further upside. A decisive close above this zone could open the floodgates for a rally into the $0.70 major resistance area.
💎If bulls manage to push past the supply zone, WUSDT could see an explosive move higher. The breakout from the descending resistance, combined with increased buying pressure, sets the stage for a potential extended rally toward $0.70 and beyond. This move would confirm a strong trend reversal, attracting new buyers into the market.
💎On the downside, the $0.2583 support level and $0.2400-$0.2123 demand zone are critical levels to watch. If the price fails to sustain above these areas, it could invalidate the bullish structure and send the market back into bearish territory.
💎A daily close below $0.2123 would signal a bearish reversal, likely triggering a selloff toward $0.16 or even lower levels. The bulls must defend this zone at all costs to maintain the recent breakout momentum.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴