Wormhole crypto’s latest price rejection – Result of a short squeeze or an organic rally?
Wormhole, a token operating on the Solana [SOL] network, is making significant strides in the cryptocurrency market. Recently, it has established a bullish structure on the 1-day chart, indicating that it is gaining positive momentum among traders. An essential point to note is that the $0.07 demand zone is key for traders who wish to maintain a bullish outlook on the token—as long as this threshold is defended, the optimistic sentiment is likely to persist.