$WIF +32% SURGE BUT PAUSING NEAR RESISTANCE: WHAT’S NEXT?
$WIF is currently trading at $1.182, cooling off after a huge +32.36% rally. Price is consolidating just below the $1.200 mark, with momentum slowing down as it tests short-term resistance. However, the order book still favors buyers with 55.94% bid strength—suggesting bulls might not be done yet.
Key Levels to Watch
• Resistance Zone: $1.200 – $1.250
A breakout above this area could fuel the next leg up toward:
• TP1: $1.285
• TP2: $1.322
• Support Zone: $1.140 – $1.165
A drop below this could trigger a deeper correction toward:
• TP1: $1.100
• TP2: $1.050
Trade Setup – Momentum Cooling, But Not Gone
• Bullish Entry: Above $1.200 with strong volume
• Bearish Entry: Below $1.140 if support breaks
• Stop-Loss: Below $1.135 for longs / Above $1.215 for shorts
With 570K+ volume and high recent volatility, WIF is in a critical zone. Watch closely for either a breakout continuation or deeper pullback.