Analysis: $WHITE is consolidating near $0.000527, forming a bullish pennant on the 4-hour chart. The price is testing the 50-period EMA, which has acted as dynamic support. A breakout above $0.0005579 (recent high) could signal a move toward $0.0006200, aligning with the 1.618 Fibonacci extension from the last swing low. RSI is neutral at 50, suggesting room for upside momentum. Volume spikes on the last push higher support bullish continuation.
Key Levels:
Entry: $0.0005300
Stop Loss: $0.0004876 (below support)
Target: $0.0006200 (18% upside)
Risk/Reward: 3:1
Patience is key—wait for a confirmed breakout with volume.
Key Levels:
Entry: $0.0005300
Stop Loss: $0.0004876 (below support)
Target: $0.0006200 (18% upside)
Risk/Reward: 3:1
Patience is key—wait for a confirmed breakout with volume.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.