Image of WMON
WMONWrapped MON
$0.02526
-4.62%
1D

Wrapped MON Analysis

Investment Score
A quick view into Wrapped MON's investment prospects.
7.6

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Institutional Support Reclaimed: A recent candle wick broke below SMA200 but closed above it while VWMA held, indicating strong buying interest at that level.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 75%
Why this state?
  • WMON is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
WMON is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 56.26, which is neither overbought nor oversold.
Volatility
Volatile
WMON ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.02807 - $0.03032
Support zone
$0.02457 - $0.02682
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

Wrapped MON support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.02457 - $0.02682
Resistance zone
$0.02807 - $0.03032
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.02457 - $0.02682
Support 2$0.02212 - $0.02436
Support 3$0.01727 - $0.02090
Resistance 1$0.02807 - $0.03032
Scenario Analysis
Bullish scenario

WMON clears the resistance zone at $0.02807 - $0.03032 and holds above it. That would strengthen the breakout case and shift attention to $0.02807 - $0.03032.

Bearish scenario

WMON loses the support zone at $0.02457 - $0.02682. That would weaken the setup and open the way toward $0.02212 - $0.02436.

Neutral scenario

WMON continues trading between $0.02682 and $0.02807. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.02360
Bullish
WMON is trading above the 50-day average.
SMA200
$0.02462
Bullish
WMON remains above the long-term trend line.
EMA50
$0.02452
Bullish
WMON is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.02391
Bullish
WMON is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
56.26
Neutral
RSI (14) is at 56.26, which keeps momentum in a balanced range.
Stoch RSI (14)
49.44
Neutral
Stoch RSI (14) is at 49.44, which suggests momentum is active but not yet extreme.
MACD
0.0006791
Bearish
MACD is below its signal line.
ATR
10.37%
Volatile
Volatility is above its 180-day median.
VWMA
$0.02858
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-18.34
Neutral
CCI (20) is at -18.34, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.001181
Bullish
Awesome Oscillator is above zero at $0.001181, which supports bullish momentum.
Williams Percent Range (14)
-81.25
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -81.25.
Bull Bear Power (13)
$0.0003544
Bullish
Bull Bear Power (13) is positive at $0.0003544, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
42.49
Neutral
Ultimate Oscillator is at 42.49, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.02579
Bullish
WMON is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.02899
Bearish
WMON is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Wrapped MON

Over the past 7 days, Wrapped MON price was most positively correlated with the price of Monad (MON), Jito (JTO), Virtuals Protocol (VIRTUAL), Pudgy Penguins (PENGU) and Injective (INJ) and most negatively correlated with the price of Beldex (BDX), APENFT (NFT), Trust Wallet Token (TWT), Pyth Network (PYTH) and JUST (JST).

Positively Correlated Currencies
NameCorrelation
Image of MonadMonad0.887
Image of JitoJito0.724
Image of Virtuals ProtocolVirtuals Protocol0.631
Image of Pudgy PenguinsPudgy Penguins0.490
Image of InjectiveInjective0.467
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.400
Image of APENFTAPENFT-0.340
Image of Trust Wallet TokenTrust Wallet Token-0.303
Image of Pyth NetworkPyth Network-0.234
Image of JUSTJUST-0.232

Wrapped MON price is positively correlated with the top 10 coins by market cap with a price of 0.195, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.203. Currencies that are positively correlated with Wrapped MON indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Wrapped MON, a move in one direction for Wrapped MON would translate into a move in the opposite direction for the negatively correlated coin.

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