$WIF BREAKDOWN ZONE – BEARS STILL ACTIVE!
$WIF is trading at $1.075, down -3.07%, following a persistent downtrend from the $1.18 level. Although there’s a minor bounce from the $1.069 zone, the structure remains bearish as each rally is being sold into.
Price Snapshot:
• 24h High: $1.185
• 24h Low: $1.064
Key Levels:
• Resistance: $1.080 – $1.087 – $1.093
• Support: $1.069 (immediate) | $1.064 (24h low)
Trade Outlook:
Bearish Continuation:
Below $1.069
• TP1: $1.050
• TP2: $1.020
• SL: Above $1.080
Bullish Reversal:
If $WIF breaks above $1.087 with volume
• TP1: $1.093
• TP2: $1.115
• SL: Below $1.064
Trend remains weak unless $1.087 is reclaimed. Bulls need strong volume to break the current sell-wall. Until then, watch for lower support tests.