WABI/BTC (400 Sat Range Key Support?)

💎Technical Analysis Summary💎


WABI/BTC

-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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