$WIF Long Liquidation Alert: $14.183K at $0.402
Something just snapped at the $0.402 level. A long liquidation of $14,183 suggests the bulls are slipping, and the bears are testing the waters. This kind of move often signals either a deep dip or a prime opportunity.
Technical Analysis & Strategy
Current Price Zone: Around $0.395–$0.402 (as of latest data)
Market Sentiment: Slightly bearish with sudden liquidation spikes
Buy Zone (Accumulation Range)
$0.378 – $0.392
This range has historical support with high probability of bounce, especially after liquidations. Look for confirmation like bullish engulfing candles or strong volume.
Target Zones
Target 1: $0.418 (first resistance zone, scalp exit)
Target 2: $0.438 (major resistance zone from previous swing high)
Target 3: $0.465 (if momentum continues and shorts get trapped)
Stop Loss
Hard Stop: $0.368
Below this, structure breaks and more downside is likely. Risk management is critical here.
Conclusion
Liquidations at $0.402 open up a high-stakes opportunity. If $WIF holds above $0.378, we could be in for a strong bounce. This might just be the calm before the storm — bulls need to reclaim $0.400 quickly, or else more downside liquidations could follow.
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