Wormhole 400% Target: Moving Averages

Dec 1

Before August 2024, WUSDT (Wormhole) was moving within a downtrend; lower highs and lower lows.
After August 2024, WUSDT started to produce an uptrend; higher highs and higher lows.

Recently, the action started to happen above a large set of exponential moving averages, including EMA144, EMA89 and EMA55. When the action moves daily above these indicators, a bullish bias is confirmed.

Since WUSDT has been consolidating for months while going bullish, the next advance it produces will be a sudden jump. First it starts slow, sideways with an upward bent... Then boom! A strong price jump followed by a retrace.

👉 We have more than 400% potential on this chart. This target can be hit short- to mid-term. Within 1-3 months.

Thank you for reading.

Namaste.