Yesterday I made an analysis on WING's uptrend and the fact that I expected more bullish price action in the near future.
My $8 and $10 targets got absolutely obliterated after a massive +350% move. Congratulations if you took this trade.
For now, I think that WING is severely overbought. The 4H RSI is sitting around 97 points, which is the highest value it has ever gone for this token. Thus, I'm expecting WING to pull back and consolidate.
My consolidation area is between $13 and $18. Ideally, we pull back to this area and trade there for a couple of days, potentially gearing up for the next push up, maybe even towards $30.
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