Analysis of WormHole $W Coin.
✅ What the chart shows right now
1. Recent Price Action
Price dropped sharply to 0.0387 (local bottom).
It is now recovering and trading around 0.0435.
This is a bullish short-term bounce, but the overall trend is still down.
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✅ Support & Resistance (4H)
Support
0.0387 – strong recent support
If this breaks, next support is around 0.0378 – 0.0380
Resistance
0.0435 – 0.0440 – current rejection zone
Next resistance: 0.0450 – 0.0455
Strong resistance at: 0.0520
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📊 MACD Indicator
MACD is crossing upward and turning positive.
Histogram is turning green, showing bullish momentum.
This supports a short-term upward move.
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📉 Order Book
Buyers: 57%
Sellers: 42%
Bid-side looks slightly stronger → small bullish pressure.
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🧭 Possible Next Move
Bullish scenario (more likely short-term):
If price stays above 0.0414, it may try to move toward:
0.0440
0.0450
Bearish scenario:
If price falls below 0.0414, it can retest:
0.0390
0.0387
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🟢 If you want to BUY (Long):
Best entry area: 0.0414 – 0.0420
TP1: 0.0440
TP2: 0.0455
SL: below 0.0387
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🔴 If you want to SELL (Short):
Best entry: 0.0450 – 0.0455
TP: 0.0420
SL: above 0.0465
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⭐ My Suggestion
Right now the chart is showing:
Short-term uptrend
But overall long-term downtrend
So scalp or short-term trade only, not long-term hold.
#Wormholecoin #Wormhole #wormholebullish
