#WUSDT/USDT Analysis

The following key points can be highlighted in the presented chart of the WUSDT/USDT asset (2-day timeframe):

  1. Long term trend line:

    • The ascending support line indicates the presence of a stable buyers' interest in the asset. The price has successfully tested this level several times, which confirms its significance.

  2. Resistance zone:

    • The red zone around $0.34 - $0.35 acts as an important resistance level. The price has approached this area several times but has not been able to confidently consolidate above.

  3. Ichimoku indicator:

    • The current candle is near the Ichimoku cloud, which confirms a state of uncertainty. However, if the cloud is broken upwards, it could signal further growth.

  4. Possible scenario:

    • If the price consolidates above the resistance zone at $0.35, further growth is likely with a target at the level of $0.39 - $0.40.

    • In case of a pullback, the nearest support is at the level of $0.30 - $0.31, where the ascending trend line may play a supporting role again.

Recommendations:

  • For a conservative strategy: waiting for a consolidation above the resistance at $0.35 for a long entry.

  • For an aggressive strategy: possible long entries as the price approaches the support zone at $0.31, with a short stop-loss.

Remember: always use risk management! The analysis was conducted within the framework of a technical approach, and the market can influence the result with unexpected news or events.

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