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. This breach of the previous lower high broke the structure and flipped it bullishly.

Since then, the Wormhole crypto price has surged to a new high of $0.0317, a level that the altcoin was last trading at in January 2026.

The surge toward yearly highs and a shift in the price trend was anchored in place by the swing level at $0.0129. The bulls came perilously close to losing this anchor during the recent retracement.

At the time of writing, a daily session close below $0.0129 has not yet occurred. If it…