$WIF / USD CM Perpetual – Trade Setup
Current Price: 0.3150
Entry Zone: 0.310 – 0.305
Targets:
🎯 TP1: 0.322
🎯 TP2: 0.330
🎯 TP3: 0.345+
Stop Loss: 0.297
Technical Overview:
WIF is currently trading close to the short-term moving averages MA(7) and MA(25), while MA(99) is acting as a mild resistance above price.
The overall market structure remains range-bound and neutral.
Trading volume is near average levels, suggesting ongoing consolidation. The Stochastic indicator is positioned in the mid-range, which supports a potential bounce from support or continuation within the range.
Strategy:
Favorable entries are expected from the lower boundary of the range. As long as price holds above the 0.305 – 0.310 support zone, the probability of an upside move remains intact.
⚠️ Always manage risk and wait for confirmation before entering trades.
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