๐ #Wormholecoin Price Update ๐
$W is trading inside a descending channel since its ATH $1.86 and suffered a lot of price depreciation during last night dump. I have attached 15M TF and 4HR TF to show the broader picture and the short term picture.
In short term it is facing small resistance around 0.62 and seen a rejection so it most likely to test support around 0.555.
(Also Because the $94K worth of supply will be unlocked daily till 20 April.) -Edited
In long run i am expecting it to test resistance around 0.650-0.680 and price may break out.
My potential targets for long term are bullish
๐ฏ $0.812
๐ฏ $0.950
๐ฏ $1.165
๐ Please DYOR before you invest.
๐ This is not a financial advice.
๐ Always keep in mind the market volatility.
