$W /USDT Price Analysis: Testing Key Resistance
$W is trading at $0.2443, down 2.90% over the past 24 hours. The price rebounded from a low of $0.2305, showing a steady upward trajectory with minor resistance ahead.
ETH
0.0888
-11.55%
Key Levels to Watch:
Resistance: $0.2480 – A breakout could push the price to $0.2584 and $0.2650.
Support: $0.2300 – Failure to hold this level may result in a decline toward $0.2200.
Trade Setup:
Long Entry: Above $0.2480 with targets at $0.2584 and $0.2650.
Short Entry: Below $0.2300, targeting $0.2200.
Market Insights:
RSI at 67.77 indicates mild overbought conditions, suggesting caution. MACD shows a slight bullish crossover, supporting a possible upward continuation. Manage risk carefully as volatility may increase around critical levels.
