WHITE gained 70% but is undergoing a strong correction – should we expect a recovery toward the $0.0013 level? At this point, the correction continues, and the price is already approaching support near the 0.382 Fibo level, having dropped below the EMA-20, which has turned downward, and is now approaching the EMA-50. At the same time, EMA-100 and EMA-200 remain upward-sloping, and the RSI is adjusting toward the mid-zone.
Overall WHITE Price Structure
After a very strong upward impulse that reached $0.0013922, WHITE formed a wide sideways range with local resistance at the supply zone level and support near the 0.382 Fibonacci level ($0.0011226). Then we observed several attempts to return to HH, followed by a series of pullbacks.
None of these breakout attempts managed to close above the 0.236 Fibo ($0.0012256), so we can assume that strong supply has been confirmed and that buyer pressure following the impulse is now being overtaken.
WHITE EMA
- EMA-20 ($0.0010960) At this point, we’ve already broken below it, and we also see a noticeable downward angle, so the primary support level becomes the EMA-50.
- EMA-50 ($0.0009575) This is our active medium-term support, especially considering that it coincides with the 0.618 Fibonacci level, which appears to be getting tested but hasn’t yet been broken.
- EMA-100 ($0.0008404) and EMA-200 ($0.0007402) Both levels are significantly below the current price and align with the lower boundary of the demand zone, which still suggests trend preservation and may act as a long-term support level.
Thus, the moving averages confirm the presence of continued trend support, despite the transition into a sideways phase and strong correction.
WHITE RSI
The RSI (14) reached a peak of 72.4 during the impulse, indicating overbought conditions, and then gradually declined to a reasonable 53.08.
- RSI remains above the neutral 50 zone, which may indicate a trend deceleration, but also stabilization, without any clear signs of a sharp reversal.
- The slope is flattened, and the recent RSI lows are holding above previous ones, which may indicate persistent buyer pressure.
- The 56.32 reading provides a potential for an upward bounce, provided the 52–53 zone holds in the coming hours.
WHITE Fibonacci Key Levels
- 0.236 ($0.0012256) A renewed supply zone, which has already triggered several pullbacks and is now acting as the target.
- 0.382 ($0.0011226) The key area of current support; holding above it would indicate a consolidation in favor of buyers.
- 0.5 ($0.0010394) A potential area for forming a new higher low within a broader correction.
- 0.618 ($0.0009561) This is where things get risky — a break below this would lead to a test of the EMA-50 and weaken the overall trend structure.
- 0.786 ($0.0008375): The final line for trend confirmation. If this level doesn’t hold, the demand zone and EMA-100/200 will likely be tested.
Market Sentiment and Key Levels
Current sentiment is tense but neutral-to-positive. WHITE has clearly entered a correction phase, having tested the upper supply zone but failed to break above the 0.236 level or even hold at 0.5. However, sellers haven’t managed to push the price below 0.618 closer to EMA-50, so it’s too early to write off the entire trend.
- 📈 Bullish scenario. Holding the 0.5 and 0.382 levels, along with RSI > 55, may activate buyers and lead to a renewed test of $0.00122. The condition remains the closure of candles above the EMA-20 and RSI not falling below 53.
- 📉 Bearish scenario. Closing below the 0.5 level under the EMA-20 and with RSI below 50 could further increase pressure from sellers, in which case the 0.618 level with EMA-50 may begin to be tested.
- Potential entry zone – the $0.00100–$0.00101 area (0.5–EMA-20), provided a confirmed bounce off the level and RSI returning above 50.
- Potential stop-loss – below $0.00095 (under 0.618 Fibo and EMA-50), where the local support structure would break and open the way toward the $0.00084–$0.00074 zone.
Conclusion
WHITEUSDT continues to trade within a broad sideways range following the impulse, and although the EMA and RSI levels still support the trend, they now require caution. The next few hours will be critical for determining direction – watch the 0.618 level and EMA-50 closely.
