๐งข $WIF /USDT Daily Chart โ Coiling Around Key Psychological Level
๐ฐ Current Price: $1.026 (โ0.19%)
๐ Moving Averages:
MA(7): $0.905 โ
MA(25): $0.996 โ
MA(99): $0.659 โ
The price is currently above all key MAs โ a solid trend shift confirmation from the prolonged downtrend earlier in the year.
๐ Technical Outlook:
WIF formed a rounded bottom in Q2 and is now consolidating just under local highs from May.
A breakout above the $1.10โ$1.20 zone could trigger a fast move toward $1.45, especially if memecoin interest revives.
๐ง Momentum Clues:
Bullish candle structure with higher lows since mid-May.
MAs tightening and trending upward โ suggesting a possible breakout coil in progress.
Daily closes above $1.06โ$1.10 would flip the current range into confirmed bullish continuation.
๐งฑ Key Levels:
Support: $0.95 โ $0.87 โ $0.78
Resistance: $1.10 โ $1.23 โ $1.45
๐ฏ Potential Setup:
Breakout Entry: Daily close above $1.10
Target: $1.23 / $1.45
Stop Idea: Below $0.87 or 25-day MA ($0.996)
โ ๏ธ DYOR โ Do Your Own Research.
This is not financial advice. Markets can be volatile โ always trade responsibly!
