$W /USDT – 4H Trade Setup
Market Insight:
$W is bouncing strongly from the $0.075 support zone, currently up nearly 4% with solid volume. It's nearing resistance at $0.0806, and a breakout could open up further upside. Volume remains above average and short-term moving averages are supportive.
🔹 Entry Zone:
$0.0765 – $0.0785
(Within the consolidation band and supported by MA(10))
🎯 Targets:
Target 1: $0.0806
Target 2: $0.0835
Target 3: $0.0870
🔻 Stop Loss:
$0.0749
(Below recent wick low and local structure support)
🔑 Key Levels:
Support: $0.0751 / $0.0765
Resistance: $0.0806 / $0.0835
Pivot: $0.0786
💡 Pro Tip:
A clean 4H close above $0.0806 on volume >2M W could confirm breakout potential. For aggressive traders, scaling in near $0.0775 with a tight stop may offer a favorable R:R ratio. Watch BTC and infrastructure sector sentiment for confluence.
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