$WIF /USDT Trade Setup (Dogwifhat)

Based on the latest trading data for WIF/USDT, here’s a short-term trading setup:

Current Price: $1.22

Key Data

24h High: $1.227

24h Low: $0.861

24h Volume (WIF): 193,023,065.92 WIF

24h Volume (USD): $191,210,498.53

Amplitude (Price Movement): 34.91%

Bullish Setup (Breakout Above Resistance)

Entry: $1.230 – Confirm breakout above recent high

Target 1: $1.250

Target 2: $1.280 (extended target)

Stop Loss: $1.190 (below recent support)

Confirmation: Look for price holding above $1.22 with volume increasing, and RSI trending above 50 on 15m–1h charts. A bullish candlestick pattern, such as a close above $1.230, would be a strong entry signal.

Bearish Setup (Breakdown Below Support)

Entry: Below $1.190 – Breakdown of recent support

Target 1: $1.150

Target 2: $1.100 (extended target)

Stop Loss: $1.230

Confirmation: Watch for a candle close below $1.190, with RSI showing bearish divergence or moving below 40. A retest of the support would strengthen this signal.

Key Technical Levels

Resistance: $1.227 (24h high)

Support: $1.190

Trend Bias: Neutral to Bullish (if holding above $1.22)

Indicators to Watch

Volume spikes on breakout or breakdown

RSI: Bullish above 50; Bearish below 40

MA(7): $0.808 (support area)

MA(25): $0.624 (longer-term trend check)

Let me know if you'd like any additional adjustments or further tracking for this pair.

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