$WIF Consolidates Below Resistance – A Breakout or Breakdown Ahead?
WIF is currently trading at $0.846, slightly down by -0.24%, as it continues to consolidate within a tight range. After a brief push toward $0.854 resistance, the price faced rejection and pulled back, showing indecision in the market. The support at $0.835 remains intact, and bulls may attempt another breakout if buying pressure increases. However, if WIF fails to reclaim $0.850 convincingly, further downside toward $0.830 is possible. Patience is key as the next move will likely define short-term direction.
Trade Setup:
Entry: $0.846
Target 1: $0.854
Target 2: $0.865
Stop-loss: $0.835