WAN Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
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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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