💡 Quick technical analysis:
✅ Notable rise! The WIF coin rose from 0.532 to 0.648 in less than 24 hours – a +16.64% increase! This reflects strong buyer entry.
✅ RSI at 62.08 – indicating that momentum is still upward, and we have not yet entered the overbought territory above 70, leaving room for further increases.
✅ MACD is balanced, approaching a positive crossover with the convergence of the lines (DIF and DEA), which may support a new upward move if the signal is confirmed.
✅ Strong trading volumes, especially in the recent candles, indicating increased market interest.
✅ The price is very close to resistance at 0.648, and if it breaks it firmly, we may see a new surge above 0.65 and possibly towards 0.70!
🚀 Expected scenario:
If WIF breaks the 0.648 level, we may see a quick move towards 0.70 or more. In case of a pullback, the nearest support is at 0.603, then 0.577.
🔥 Is WIF ready to take off?!
The increasing interest and clear buying signals may open the door for a new upward wave. But don't forget – the market is always changing!
📌 Important tips:
Always place a stop loss below the nearest support area.
Follow the news about withdrawals from exchanges – as mentioned above, "large withdrawal of WIF from centralized wallets" could be a strong bullish signal!
📢 Share your opinion! Do you expect to see WIF at 0.70 soon? Will you enter the trade now? 🚀👇