Posts  / WHITE  / #POST-210069
REDDIT

Confirmed Bullish Reversal?

N
May 13, 2025 · 06:55

Just spotted something juicy on the 4H chart for $WHITE.

A few hours ago, we got a confirmed auto-reversal signal marked “Bag Some!”, and price action has responded nicely with a bullish breakout from the descending wedge.

Key Bullish Signs:

Clear descending wedge breakout

“Bag Some!” reversal zone hit and respected

Bullish MACD crossover confirming momentum shift

Volume uptick after consolidation near the .000500 zone

Short-Term Play: If this breakout holds, here's what I'm watching:

TP1: .000650 - retest of local April highs

TP2: .000750 - possible extension if momentum sustains and $WHITE rides the RWA narrative hype

Caution: Needs to hold above .000500 to keep this structure bullish. A drop below could invalidate the setup short-term.

$WHITE is getting more traction with real-world asset (RWA) integrations and major announcements like their FSCA license and upcoming blockchain + DEX (WhiteX). Fundamentals + technicals are lining up.

Track it here: https://coinmarketcap.com/currencies/whiterock/

NFA. DYOR. But this chart is starting to cook.

Post image