Jan. 13 at 6:13 PM
📌
$WKSP : Weekly Chart Setting Up for Expansion
Worksport is basing above long-term support and beginning to curl higher, with the weekly structure favoring a potential upside expansion as price compresses below key resistance.
🔍 Weekly structure highlights:
🔹 Price holding the
$2.10–
$2.25 long-term demand zone
🔹 Base formation developing after a prolonged downtrend
🔹 Higher-low structure forming since the December low
🔹 Compression beneath resistance, suggesting energy is building
🎯 Upside levels in focus as momentum builds:
📈
$2.45 – first reclaim
📈
$2.66 – momentum confirmation
📈
$2.95 – range resistance
📈
$3.15 – key breakout trigger
📈
$3.44 – major weekly supply
📈
$3.89/
$4.30 – expansion zone
With execution milestones ahead and visibility improving, upcoming company updates could be the spark that brings this setup to life.
Communicated Disclaimer: https://tinyurl.com/TherealshortsqueezyWKSP
Sector Peers:
$XOS $WBX $LIDR $CENN $
