$WIF Healthy Pullback or Breakdown? Eyes on the Support Zone
$WIF is trading at $0.424 after a solid +9.84% gain. The pair is pulling back after hitting local resistance and is now consolidating near short-term support. The next few candles could signal either a continuation or reversal.
Key Technical Levels:
• Resistance: $0.437
• Support: $0.420
Trade Setup – Tension Builds Within Narrow Range:
Bullish Scenario:
• Entry: Breakout above $0.437
• TP1: $0.452
• TP2: $0.468
• TP3: $0.485
• Stop-Loss: Below $0.420
Bearish Scenario:
• Entry: Breakdown below $0.420
• TP1: $0.408
• TP2: $0.395
• Stop-Loss: Above $0.437
Current structure favors volatility—stay patient and enter only on clear confirmation above or below key levels.