After a choppy phase, $W has started to show a clean response from the lower range, with buyers stepping in decisively this time. The recent push wasn’t slow or forced — it reclaimed levels that were previously acting as pressure, which adds confidence to the move.

Price is now hovering near the upper end of the range, and as long as it holds above the reclaimed zone, continuation remains the higher-probability scenario. A brief pause wouldn’t hurt the structure, and $W could use that to build energy for the next leg higher.

Trade Setup

Entry: 0.0365 – 0.0375

Targets: 0.0388 / 0.0405 / 0.0430

SL: 0.0355