Wormhole crypto falls to $0.0138 – Why bulls face THESE downside risks

Wormhole [W] has faced a highly volatile two weeks of trading. Measured from Friday, the 9th of October, to the time of writing, Wormhole crypto prices have faced an 8.21% slide. During this slide, the altcoin managed to rally 109.78% from $0.0151 to $0.0317, before receding to the current price of $0.0138. Despite the heavy volatility, the altcoin appeared to hold on to its bullish price structure. There are some levels buyers can keep an eye on, but they also need to be wary of a bearish resumption. The higher timeframe Wormhole crypto bias The bearish trend in place for most of 2026 was plotted in yellow. The latest swing high in the downtrend, made in June at $0.0138, was breached in September.

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