$W USDT is showing short-term strength, trading near 0.0197 after a clean bounce from the 0.0188 support. From a trader’s view, this move looks like a relief rally supported by strong volume, signaling active participation rather than a weak bounce. Price is now testing the 0.0200–0.0204 resistance zone, which is a key area to watch. MA(5) and MA(10) are closely aligned, suggesting momentum is building but not yet decisive. A confirmed break above 0.0204 could shift structure bullish, while rejection may lead to consolidation. Infrastructure narratives around Wormhole keep W on watchlists.

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