$WIF Strong Rally Meets Resistance: Breakout or Cooling Off?
WIF is trading at $0.557 with an impressive +19.53% daily gain. After a strong upward push, price is now stalling under layered resistance zones. Order book shows balanced pressure (51.87% bid vs 48.13% ask), hinting at possible consolidation before the next move.
Key Levels to Watch
• Resistance:
$0.560 – First major hurdle
$0.568 – Local breakout level
$0.584 – 24H high and key resistance zone
• Support:
$0.553 – Immediate support
$0.546 – Breakdown level
$0.530 – Strong demand zone below
Trade Setup – Momentum Still in Play
• Bullish Entry:
Break and hold above $0.560 could resume the rally.
Target 1: $0.568
Target 2: $0.584
• Bearish Entry:
Drop below $0.553 may lead to deeper pullback.
Target 1: $0.546
Target 2: $0.530
Stop-Loss Tip:
Use tight stops around $0.552 (for long) or $0.562 (for short) to protect from fakeouts.
WIF is at a decision point—volume and price reaction around $0.560 will guide the next major move.