Wormhole (W) breaks out of bearish trend with surge to $0.09216

Wormhole (W) has recently staged a breakout from a multi-week descending trendline, marking a key turning point in its technical structure. After weeks of sideways and bearish pressure, the token has surged to $0.09216, breaking above the $0.085–$0.088 resistance zone. This move has flipped former resistance into support, setting the stage for a potential push toward $0.100–$0.102, and possibly even $0.110 in the near term [1].

The market structure is now strongly bullish, with all major EMAs (20/50/100/200 on the 4-hour chart) in a bullish alignment between $0.0857 and $0.0815. This is supported by a bullish DMI reading, where +DI at 41.26 is significantly higher than -DI at 6.29, confirming that buying momentum is in control [1]. Despite recent outflows totaling $1.32 million within the last 24 hours, the bullish momentum remains intact.

W is currently trading just beneath the upper Bollinger Band at $0.095, a level that indicates strong buying pressure. The Supertrend remains bullish above $0.0823, and EMAs continue to offer support between $0.085 and $0.081. The breakout is also confirmed by the retest-and-launch pattern on the trendline break, with an ADX reading of 41 signaling an aged but still potent bullish trend [1].

On the 30-minute chart, the price is forming a symmetrical triangle, with RSI at a neutral 48.55 and MACD flattening, suggesting a possible consolidation phase ahead. The Parabolic SAR is below the price, and the dots are beginning to converge, indicating a potential shift in momentum if volume weakens [1].

The VWAP stands at approximately $0.0927, acting as a balance point between buyers and sellers. Key reference levels include $0.090, $0.085, and $0.082, with $0.078 representing a critical bullish invalidation level [1].

A breakout above $0.095 with strong volume would signal the start of a potential run toward $0.100–$0.102, with further targets at $0.105 and $0.110. Sustained closes above $0.102 could attract momentum traders and bring the $0.110 level within reach by the end of 2025 [1].

Conversely, a failure to hold above $0.090 could trigger a pullback to $0.085, followed by a possible drop to $0.082. If the price continues to weaken and falls below $0.078, it would negate the bullish setup, signaling a breakdown of the recent trend.

A detailed price forecast for 2025–2030 suggests that W could reach as high as $0.110 in 2025, assuming the bullish momentum continues. Analysts project a maximum of $0.110 in 2025, rising to $0.125 in 2026, $0.140 in 2027, $0.155 in 2028, $0.170 in 2029, and potentially $0.185 in 2030 [1].

For 2025 specifically, the key focus is on maintaining price above $0.085–$0.082. A sustained breakout above $0.102 would validate the bullish trend and make $0.110 a realistic end-of-year target. In 2026, if the $0.095–$0.100 range becomes long-term support, W could average $0.095 and rally to $0.125 [1].

Looking ahead to 2027–2028, continued accumulation and trend continuation could see W reach $0.140 and $0.155, provided the price maintains higher lows above $0.085. In 2029–2030, broader market growth and adoption may push the token toward $0.170 and $0.185, assuming bullish structure and investor participation remain intact [1].

The recent breakout marks a significant shift from the sideways and bearish pattern seen since late July. Positive EMA alignment, strong DMI readings, and a successful retest of former resistance have improved the technical outlook for W. Holding above $0.085 remains critical to preserving the bullish setup, while a move above $0.102 could spark a push toward $0.110. Traders should monitor volume confirmation and remain cautious of any breakdowns below $0.078 [1].

FAQs highlight the current bullish trend, with the next key resistance at $0.095–$0.102 and major supports at $0.090, $0.085, and $0.082. A breakout above $0.102 with high volume and sustained price structure above $0.085 could make $0.110 a realistic year-end target [1].

Source: [1] Wormhole (W) Price Prediction 2025–2030: Will W Hit $0.110 Soon? (https://coinmarketcap.com/community/articles/6898d2619af91a539f438901/)