$W USDT Technical Analysis: Bullish Momentum Testing Resistance
The $W USDT pair is currently showing a strong short-term recovery, up +2.87% within the last session. After finding a local bottom at 0.03395, the price has initiated a steady climb, currently trading near its 24-hour high.
Key Market Stats
Last Price: 0.03472
24h High: 0.03474
24h Low: 0.03283
Sentiment: The order book shows a slight bullish bias with 53.11% Longs vs. 46.89% Shorts, indicating that buyers are currently in control of the immediate price action.
Chart Observations
Trend Recovery: The 15-minute chart shows a series of higher highs and higher lows. The price is currently riding above the AVL (Average Price) line of 0.03470, which is now acting as immediate dynamic support.
Resistance Levels: The price is approaching a critical resistance zone at 0.03474. A breakout above this level could trigger a move toward the 0.03550 psychological barrier.
Performance Overview
While the short-term (Today and 7-Day) performance is turning green, the asset remains under significant long-term pressure, down -88.18% over the last year. This current "pump" is a crucial moment for the asset to reclaim lost ground and establish a more sustainable uptrend.#WriteToEarnUpgrade #WUSDT #BİNANCE #Analiyses #BTCVSGOLD
