WABI/BTC (400 Sat Range Key Support?) for BINANCE:WABIBTC by PolarHusk

💎Technical Analysis Summary💎


-WABI TAEL is currently testing its daily key area of support

-This support zone is somewhere around 350 sat – 420 sat

-Since the peak price last March 30, WABI continued to experience correction

-We have seen a roughly -80% from the March top swing price

-Multiple series of lower highs and lower lows indication of downside price action

-If WABI can form a base of support for the next 1-2 weeks

-I think it will start building another momentum to push the price up

-Like what happened last June 20 trading, where we saw a big spike in volume & price

-If the Bulls can find another strength and follow the same DNA last time

-I think a potential rejection area is around 1,000 sat – 1,100 sat range

-This analysis is based on the current market condition

-Please always follow your trading plan strictly

-Good luck and stay safe everyone!

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