🔍 Market Overview Current Price:
$0.544 Intraday Range: $0.523 – $0.591 Trend: Short-term bearish momentum within a broader consolidation phase Key Resistance: $0.591 (recent high) Key Support: $0.521 (near support)
📌 WIF is testing support levels, with potential for a quick bounce towards resistance.
🟢 Entry Zone 1: Pullback Entry 🔄 Zone: $0.530 – $0.540 Conditions:
Price pulls back to near support
Low volume on pullback
RSI above 40 for sustained momentum
🟢 Entry Zone 2: Breakout Trade 💣 Zone: $0.592 – $0.610 Conditions:
Breaks above resistance with volume surge
RSI confirms bullish trend continuation
🎯 Profit Targets → TP1: $0.580 (near-term resistance) → TP2: $0.600 (approaching next resistance) → TP3: $0.620 (just below highest resistance)
🛑 Stop-Loss
Pullback SL: Below $0.520
Breakout SL: Below $0.540
⚠️ Risk Management Tips
Risk only 1–2% of your total capital per trade
Ensure a minimum 2:1 reward-to-risk ratio before entry
Move stop-loss to breakeven once TP1 is hit to protect capital
Avoid overtrading by sticking to quality setups only
👉 DYOR — always do your own research before making trading decisions and remember that crypto is always changing, so always be careful before jumping in! 🚀💸