Analysis: $WHITE is showing a bearish crossover on the 1-hour chart, with the 20-period EMA crossing below the 50-period EMA near $0.000527. Momentum is fading, as RSI drops below 40, indicating seller pressure. A break below $0.0004876 (recent support) could target $0.0004500, the next Fibonacci retracement level (0.618). Declining volume suggests weak buyer defense.
Key Levels:
Entry: $0.0005200
Stop Loss: $0.0005579 (above resistance)
Target: $0.0004500 (14% downside)
Risk/Reward: 2:1
Short on a confirmed break below support.
Key Levels:
Entry: $0.0005200
Stop Loss: $0.0005579 (above resistance)
Target: $0.0004500 (14% downside)
Risk/Reward: 2:1
Short on a confirmed break below support.
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