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W/USDT Perpetual Contract

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WUSDT.P trade ideas

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
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
Large amounts of tokens unlocked----WIn the crypto market, there is an event-driven strategy based on token unlocking, which we mentioned in a previous analysis on WLD. This week Wormhole (W) will unlock tokens on August 3, releasing 600m W, worth approximately 180m US dollars. Equivalent to 33.33% of Cir.supply. The ingredients are Foundation Treasure, Ecosystem, and Community, and they may sell the tokens. W may fall as a result. Wormhole belongs to the Cross-Chain Communication track. Unlike cross-chain bridges that meet the needs of ordinary users, the purpose of Wormhole is to build a cross-chain layer to meet the protocols’ demand and improve interoperability. Layer0, Omni network and Axelar all belong to this track. It is the future development demand of the crypto market, but it is difficult to have a pump like the AI track in the short term. So there are trading opportunities combined with unlocking events. Since it will be unlocked this week, both 1h and 4h are good trading levels. If you are not good at trading, then you can use the TSB indicator. TSB has successfully predicted multiple entry of short positions and prompted the SELL signal again on July 28. This indicates that we are currently in a bearish trend. The price is currently rebounding to the wavy area, which, as we have been saying, will provide short strength and is a good position to add positions. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius