Market Overview for WINkLink/TRON (WINTRX) on 2025-09-22
• Price formed a bearish breakdown below key support at $0.0001536, with a low of $0.0001468.
• RSI entered oversold territory by the close, suggesting potential near-term reversal.
• Volatility surged in the final hours of the session, with a large bullish reversal candle at $0.000152.
• Turnover spiked during the session close, confirming strength in the rebound.
• Key Fibonacci levels at 61.8% ($0.0001485) and 38.2% ($0.0001512) are now critical for direction.
WINkLink/TRON (WINTRX) opened at $0.0001556 on 2025-09-21 at 12:00 ET, reached a high of $0.000156 and a low of $0.0001468, and closed at $0.000148 at 12:00 ET on 2025-09-22. Total volume traded over the 24-hour period was 288.8 million, with a notional turnover of approximately $42.3 million.
The price experienced a bearish breakdown during the early part of the session, falling below the key support at $0.0001536 to a low of $0.0001468. The breakdown was confirmed by a long-bodied bearish candle and a series of lower lows. A potential reversal began in the late hours of the session, marked by a large bullish candle forming at $0.000152, which closed at $0.000148. This candle appears to represent a potential short-term reversal after a sharp decline.
Support levels are now at $0.0001468 (daily low), $0.000148 (close), and $0.0001491 (15-minute low). Resistance is clustered around $0.0001492, $0.0001506, and $0.0001512. A notable bearish engulfing pattern occurred around $0.0001536, confirming the breakdown. A doji formed at $0.0001506 in the morning, indicating indecision before the sharp decline.
The 20-period and 50-period moving averages on the 15-minute chart crossed below key support during the breakdown, reinforcing bearish momentum. MACD showed a bearish crossover early in the session, but a potential bullish divergence appeared in the late hours. RSI entered oversold territory, indicating potential for a bounce.
Bollinger Bands widened significantly during the breakdown, with price falling to the lower band before rebounding. Volatility contraction may follow the current expansion, possibly leading to a consolidation phase. Price closed near the middle band after the rebound, suggesting a potential for further testing of support and resistance levels.
Fibonacci retracement levels from the recent swing high at $0.000156 to the low at $0.0001468 place the 38.2% level at $0.0001512 and the 61.8% level at $0.0001485. These levels could act as potential pivots for price action in the coming hours. A break above $0.0001492 may signal short-term bullish momentum.
Looking ahead, the price may consolidate in the $0.000148–$0.0001492 range, with potential for a short-term rally if RSI recovers and volume confirms bullish momentum. However, a retest of the $0.0001468 low is a key risk to monitor, especially if bearish momentum persists.
The key technical indicators and Fibonacci levels used in the backtest hypothesis include the 20-period and 50-period moving averages, RSI, and the 61.8% and 38.2% retracement levels. The strategy involves entering a long position when price closes above the 20-period moving average and RSI is in oversold territory, while exiting when price falls below the 50-period moving average or RSI enters overbought conditions. Stop-loss is placed below the 61.8% Fibonacci level, and take-profit is set at the 38.2% level.
Descifrar los patrones del mercado y desarrollar estrategias de trading rentables en el ámbito de las criptomonedas.
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