$WARD /USDT 💀📉
WARD continues to trade in a strong downtrend after a massive breakdown from the $0.09–$0.10 region. Price is now hovering around $0.026, forming lower highs and lower lows — clear bearish structure.
🔎 Key Observations:
• Sharp capitulation wick near $0.0169 shows panic selling
• Weak bounce with low volume = lack of buyers
• RSI deeply oversold (~3–5 zone) but still no bullish divergence
• MA trends sloping down → momentum remains bearish
📊 Key Levels:
• Support: $0.0168 – $0.0200 (critical demand zone)
• Resistance: $0.032 – $0.040
• Major Resistance: $0.060
💡 Outlook:
As long as price stays below $0.032, trend remains bearish. Any bounce is likely to be a relief rally unless strong volume returns.
A breakdown below $0.016 could trigger another leg down, while reclaiming $0.04 would be the first sign of recovery.
⚠️ Extremely oversold asset — high risk, high volatility. Trade cautiously and wait for confirmation before entering.