WAN Technical Analysis in a Weekly Timeframe
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Now, let’s dive into this chart analysis:
WAN is currently at a support trendline of $0.15 and is likely to rebound after the weekly close. The lower support at $0.1077 can be considered if WAN drops below the support trendline.
The RSI has not yet reached the oversold zone, indicating a possibility of further bearish movement.
A rebound will likely face the resistance trendline, and a bullish rally could follow if WAN closes above the resistance trendline.
Key levels:
- Primary Support: $0.15.
- Lower Support: $0.1077.
- Primary Resistance: $0.25.
- Long-term Target: $2.6.
DYOR. NFA.
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#PEACE
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
WAN is currently at a support trendline of $0.15 and is likely to rebound after the weekly close. The lower support at $0.1077 can be considered if WAN drops below the support trendline.
The RSI has not yet reached the oversold zone, indicating a possibility of further bearish movement.
A rebound will likely face the resistance trendline, and a bullish rally could follow if WAN closes above the resistance trendline.
Key levels:
- Primary Support: $0.15.
- Lower Support: $0.1077.
- Primary Resistance: $0.25.
- Long-term Target: $2.6.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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