$WSTRF

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$WSTRF has retraced to a key horizontal support level, where buyers typically look for signs of reversal. 

Most technical indicators are reflecting oversold conditions, suggesting selling pressure might be losing momentum. 

However, a clear pivot low reversal setup has yet to emerge, indicating that buyers are not fully stepping in with conviction. 

Last week’s long-range spinning top candle at support reflects indecision, with neither buyers nor sellers gaining control, but its presence at support could signal a potential turning point. 

If price breaks and closes above the spinning top’s high, it might confirm a bounce and attract bullish participation. 

Additionally, the broader price action is forming a broadening wedge, a pattern often associated with increasing volatility and the potential for a strong directional move. 

Traders may wait for confirmation of a breakout or reversal before acting.

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