$WAN struggles to break out ⚠️ Will the trend reverse?

Looking at the $WAN chart, things aren’t looking too exciting. The price is currently hovering around $0.1590, and with the 99-day moving average looming overhead at $0.1649, Wanchain seems to be battling some tough resistance. The price has been stuck in this range for quite a while, and despite small upward attempts, it's struggling to gain any significant momentum.

The MACD is in the negative zone, with the histogram showing a deepening red. This signals that bearish pressure is still dominant, and without a strong shift in volume (currently sitting at 88K), the bulls are finding it hard to reverse the trend.

Unless there's a significant breakout above the $0.165 level, the outlook remains weak for $WAN. If sellers take control, we could see the price drift lower, perhaps retesting support at $0.1500 or even dipping below that.

Keep an eye on volume for any sign of life, but as of now, this looks like a token to approach with caution.