2026-01-17 14:32:24

W/USDT Technical Setup: Holding Key Support

W is currently maintaining its footing above the lower boundary of the descending channel on the 3-day timeframe. The price action is showing respect for this support level, which is encouraging for bulls.

Early signs of reversal are beginning to emerge on the charts. If the buyers can defend this zone and generate sufficient momentum, we could see W targeting higher price levels, potentially approaching the $0.XX range.

The technical structure remains intact, but confirmation will be crucial in the coming sessions. Watch how the price responds near support—this could determine whether we see a sustained bounce or a breakdown below this critical level.

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LiquidityHunter

· 2h ago

The 3-day line holds the lower edge, and the liquidity gap is around 0.XX. This price difference needs to be closely monitored.

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MeaninglessGwei

· 2h ago

As long as it holds, there's hope; otherwise, it's just another scam to harvest retail investors... Watch how the next few candlesticks develop.

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LiquidationKing

· 2h ago

It looks like support is really holding, otherwise it will be another downward move. Let's wait and see.

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OnchainDetectiveBing

· 2h ago

The support level has stabilized, and the reversal signal is quite interesting... It depends on whether the next few candlesticks can hold. Either a surge or a breakdown, there is no third possibility.

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