WIF/USDT – Meme Coin Tests Support Amid Broad Sell-Off
Trade Setup:
Entry Zone: $0.522 – $0.528
Target 1: $0.550
Target 2: $0.570
Target 3: $0.590
Stop Loss: $0.510
WIF is testing critical support at $0.526, trading near its 24h low with significant declines across all timeframes. The meme coin shows limited buying interest and remains in a strong downtrend, though oversold conditions could prompt a short-term bounce. A break below $0.522 could trigger further selling, while reclaiming $0.540 might offer temporary relief in this challenging market structure.