$WMTX Current Price: 0.0851

Price is holding above key moving averages on the daily chart. Momentum is still positive, but price is sitting near a short term resistance zone.

Long Setup

Bias stays bullish as long as price holds above the 0.079 to 0.080 support area.

Entry Range: 0.082 to 0.085

Stop Loss: 0.076

Targets

TP1: 0.090

TP2: 0.096

TP3: 0.102

Explanation

Price is trading above MA 25 and MA 99, which shows buyers are still in control. Volume expanded on the recent push, but the 0.09 to 0.10 zone is a supply area, so minor pullbacks are normal. A clean daily close above 0.090 can open continuation toward 0.10 plus.

Invalidation

Daily close below 0.076 would weaken the structure and delay upside.

Trade $WMTX here 👇

WMTX

Alpha

0.079278

-0.07%