Apr. 10 at 3:06 PM
$WRAP: Bullish Momentum Building on Strong News Flow 📡🛡️
Price has been consolidating near lows for months and is now showing early signs of stabilization, with a potential base forming as volume starts to pick up.
Technical view:
🔹 Potential bottoming range:
$1.35/
$1.60
🔹 Tight consolidation after prolonged downtrend
🔹 Volume spike recently signaling renewed interest
Key levels to watch:
🎯
$1.70–
$1.90 🟰 First reclaim zone
🎯
$2.10 🟰 Mid-range resistance
🎯
$2.57–
$2.79 🟰 Major breakout area
🎯
$3.24 🟰 High timeframe resistance
If price can hold above the
$1.50 area and start reclaiming higher levels, this could open the door for a move back into the
$2.50+ range.
Recent news catalysts:
📰 Pre-order for 20+ MERLIN-1 counter-drone systems tied to UK and European expansion
📰 Continued international growth across Canada, India, and Panama deployments
Communicated Disclaimer: https://bit.ly/48BKUK4
Sector Peers:
$VRSN $STER $OCUL $TPCS
