Wormhole (W) is currently priced at $0.1067, reflecting a 5.47% increase over the past 24 hours. The daily trading range has been relatively narrow, with a high of $0.106972 and a low of $0.099947, indicating stable price action amid increased trading volume of approximately 54.4 million.

The moving averages show a bullish trend, with the shorter-term 8 SMA at $0.1041 reflecting a 2.54% increase, while the 55 SMA is at $0.1022 with a gain of 4.44%. The strong performance in the 1-hour RSI at 75 suggests the asset is in overbought territory, yet the 7-day RSI at 64 indicates room for growth.

Price changes over various timeframes indicate a robust upward momentum; the price has surged by 34.22% over the past week and 41.41% over the last month. This consistent increase in value is underscored by the market's strong interest, as shown by the volume-to-market cap ratio of 11.11%.

Despite the asset's strong performance, the proximity to the all-time high of $1.66 reached on April 3, 2024, may serve as a psychological resistance level. However, if momentum continues, breaking through this resistance could catalyze further price appreciation.

Given the current bullish indicators, including the positive moving averages and significant price growth, the recommendation for Wormhole (W) is a Buy. Investors should capitalize on the current momentum while monitoring for any signs of overextension in the RSI that could indicate a potential pullback.