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Wormhole

Wormhole W price has a tough road aheadThey handed out that #Wormhole, then "locked" some holders from the market in the range of $0.52-0.72 and let the OKX:WUSDT price go into free fall. 💩 Instead of the promised “golden mountains”, we got the “Mariana Trench”) The only “positive” thing on this chart is that a fairly large unlocking CRYPTOCAP:W coin occurred on 03/08 at the very bottom and holders no longer had the courage to pour them on the market. And the next one is in April 2025. 1️⃣ If the #WUSD price rises, the first portion of sales will be in the 0.33-0.36 zone 2️⃣ The real battles will begin above $0.52. We'll have to look at the market situation at the moment, but so far, it's hard to believe that the price will manage to shoot above $0.72
by P_S_trade
2
WUSDT Forms Bullish Flag: Targeting Strong Upside PotentialWUSDT technical analysis update WUSDT has formed a bullish flag pattern on the 1-hour chart, and the price is now moving toward the flag resistance for a potential breakout. The price is currently trading above both the 100 and 200 EMA. Once the breakout is confirmed, we can expect a strong bullish move. Additionally, the price has already broken the double-bottom resistance on the daily chart and formed the flag pattern just above it.
Long
by HexaTrades
2
Wormhole - Falling Wedge Close To Breakout - Potential 360% MoveA lot of new token launches (Airdrop/Pre-Sale at least) this year seems to suffer the same fate: Price might pump a bit at launch with decent volume, but soon after the interest dies and the price dumps. I've seen several coins now with huge falling wedges like we can see here, and the breakouts are usually insane. W looks like it's getting very close to finally getting out of this wedge. This looks like a great place to enter a long. Main target is $0.786, and the plan would be to hold maybe ~20% if it looks like it can push $1. The VWAP has acted as a resistance in the past, if the price fails to go past this VWAP again I'd just sell, as it's likely to reverse again. The St. Dev. Bands line up quite well with my targets, and could end up becoming more precise TPs. The targets probably seem unrealistic, and maybe they are for the shorter term at least, but these markets move in strange ways, I've been seeing some crazy price action lately (like CLOUD for example) Tight SL here, would probably look to enter somewhere lower if it gets hit.
Long
by NoLimit_777
[LONG] Wormhole going for the binance listing pattern (part 2)After the first run Wormhole is giving another chance at a strong demand level. buy: 0.50~0.55 target1: 0.634 mid channel. you can move your SL to entry at this point target2: 0.748 upper band. take out half position here target3: 1.11 first dead cat bounce top. here most spot buyers that got trapped will sell. don't risk your gains and close the position. Let's see if this time it can reach the 3rd target!! part 1:
Long
by helpfulPear98930
4
Wormhole W price at consolidation, where next ?It's been 2 months since the #Wormhole airdrop and listing. The price of #WUSDT has managed to drop significantly and move into a consolidation phase. ⁉️ Question: 1️⃣ will the NYSE:W price be accelerated now with a parabolic amplitude? 2️⃣ Do we need another correction to the $0.55 area and then growth according to the blue scenario? What do you think? It seems that in both cases, the #WUSD price should be accelerated to $1-1.10 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
12
Trade Idea for Wormhole (W) - Accumulation StrategyWormhole (W) is currently priced at approximately $0.65660, with a market cap of $1.19 billion. The token has shown some volatility, with a 24-hour low of $0.62410 and a high of $0.66720. This price action offers potential buying opportunities within a strategic trading plan​​. Start by purchasing W at the current price of around $0.65660. This entry point lies near the lower end of the recent price range, potentially maximizing gains if the market rebounds. If W's price further drops to around $0.62775, consider this a key level for additional purchases. This allows for averaging down the entry price and capitalizes on broader market movements. Establish a series of take profit targets to capitalize on potential price recoveries. Begin taking profits at $1.05, followed by subsequent targets at $1.20, $1.40, $1.60, and $1.80. These targets are set to capture profits at key psychological levels as the market potentially appreciates in value. The price performance of W over recent months has been subject to significant swings, indicative of both underlying volatility and active trading interest. Given Wormhole’s role as a prominent interoperability platform, it harnesses substantial utility within the blockchain ecosystem, which could drive its value upwards as cross-chain communication becomes increasingly pivotal​. This strategy suggests a higher risk tolerance, given the omission of a stop loss. It's suitable for investors with a longer-term horizon who can withstand potential downturns in price. Wormhole's strategic significance in enabling interoperability across various blockchain networks, coupled with its current market valuation, presents a compelling case for accumulation. The staggered profit targets aim to optimize returns from volatility, capturing value as it accrues. This trade idea is based on current market dynamics and the strategic role of Wormhole within the blockchain ecosystem as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
Long
by icordkaz
Wormhole(W) is Ready to Pump🚀➕20%_40%🚀💡Today, I want to analyze the Wormhole(W) project for you, which has been listed in different exchanges for less than 3 days . 📚What Is Wormhole(W)❗️❓ 🔸Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more. 🔸The wider Wormhole network is trusted and used by teams like Circle and Uniswap, and to date, the platform has facilitated the transfer of over 35 billion dollars through over 1 billion cross-chain messages. 🏃‍♂️ Wormhole(W) is currently moving near the 🔴 Resistance zone($1.050-$0.997) 🔴and Resistance lines ( the upper lines of the wedge pattern) . 📈From the point of view of Classical Technical Analysis , Wormhole(W) seems to have succeeded in forming a Falling Wedge Pattern . 🔔I expect Wormhole(W) to start going up (🚀40%🚀) to the 🔴 Resistance zone($1.280-$1.200) 🔴 after touching the 🟡 Potential Reversal Zone(PRZ) 🟡. ❗️⚠️Note⚠️❗️ : If Wormhole(W) breaks the 🟡 Potential Reversal Zone(PRZ) 🟡 , the analysis will fail (if Wormhole(W) breaks the 🔴 Resistance zone($1.050-$0.997) 🔴, it will be a more reliable entry point). ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Wormhole analysis (WUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
11