Analysis: $WHITE is holding above a critical support zone at $0.0004876-$0.0005000, where buyers stepped in previously (per recent X post). The daily chart shows a rounded bottom forming, with RSI at 45, nearing oversold territory, hinting at a potential reversal. A bounce from this zone could target $0.0006000, the 200-period EMA resistance. Increasing volume on green candles supports accumulation.
Key Levels:
Entry: $0.0005100
Stop Loss: $0.0004750 (below swing low)
Target: $0.0006000 (15% upside)
Risk/Reward: 2.5:1
Watch for a higher low to confirm buyer strength.
Key Levels:
Entry: $0.0005100
Stop Loss: $0.0004750 (below swing low)
Target: $0.0006000 (15% upside)
Risk/Reward: 2.5:1
Watch for a higher low to confirm buyer strength.
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