- WAN nears weekly resistance at $0.1150, with price action showing no bullish shift.
- Liquidity pool near $0.0811 may act as a target if rejection confirms soon.
- WAN has traded in a tight range since 2023, failing to test long-term resistance levels.
Wanchain (WAN) continues its bearish trajectory as price approaches a weekly order block zone. Market conditions remain volatile, with short-term rebounds failing to break the broader downtrend.
Bearish Liquidity Pattern Builds Below Resistance
This pullback into the supply region could trigger a fresh wave of selling. Previous support zones may serve as short-term liquidity magnets. Lower timeframe movements show no bullish structure confirmation.
In an analysis by market analyst Crypto Patel, Wanchain is retracing into a key internal liquidity zone between $0.1050 and $0.1150. He highlighted that this weekly order block aligns with prior aggressive sell-offs, indicating strong resistance. His findings revealed that price may react here by reversing downward, targeting sell-side liquidity near $0.0811.
Source: Crypto Patel
The analysis by Patel further identified a low-resistance liquidity zone just below current levels. He pointed out a critical shift in structure, where price may rise quickly but face rejection at resistance. The projected movement mirrors smart money behavior, aiming to induce breakout traps before resuming the downtrend.
Observing Bitcoin’s price action, Patel noted a lack of reversal signals in WAN’s structure. Candlesticks entering the order block show inducement rather than trend reversal. His projection traces a sharp drop back to the liquidity pool between $0.0830 and $0.0790.
Historical Price Action Reinforces Bearish Structure
Tracking market behaviour, CoinMarketCap data shows WAN peaked above $10 in 2018 before falling below $1 in 2019. Between 2020 and 2021, WAN briefly surged above $1 but failed to sustain upward momentum. Since mid-2021, the price has consistently trended downward with no higher high formations.
Examining trading volume fluctuations, spikes only occurred during short-term rallies in 2018 and 2021. Outside those peaks, volume has remained flat, confirming low speculative interest. From 2023 to 2025, WAN’s price moved between $0.15 and $0.30 without testing prior resistance levels.
Source: CoinMarketCap
Analyzing liquidity shifts, the support range between $0.10 and $0.20 continues to attract price reversion. No signs of bullish divergence or reversal patterns appear on the chart. Price action remains within a tight range under long-term resistance near $2.
