$W

Short Position Wiped Out: $10.59K at $0.27921

W experienced a sharp upward movement as a $10.59K short position was wiped out at $0.27921. The immediate support zone lies between $0.270 and $0.275, while resistance levels are at $0.285 and $0.290. Breakout traders should monitor for a move above $0.285 to signal bullish continuation. However, a rejection near resistance could lead to a pullback toward support. With volatility increasing, expect significant price fluctuations as W tests these key levels.

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