WenWen: Poised for Breakout or Breakdown?Wen2USD is currently hovering around a critical juncture on its daily chart, sitting at its bottom support level of $0.000301 . Whether it can hold this support will likely determine its future trajectory in the coming days.
Potential for Upside Breakout
If bulls can manage to hold the current support level, we could see a significant upward move for Wen2USD. In this scenario, the price could potentially surge towards its all-time high of $0.000720 . This would represent a more than 130% increase from the current price.
Breakdown Could Lead to Further Pullback
However, if the support level breaks, Wen2USD could experience a pullback. The first potential downside target could be $0.000260 , followed by a more significant support level at $0.000166 .
