๐จ **WIF/USDT Technical Analysis โ Potential Breakout Alert!** ๐จ
$WIF (dogwifhat) just **broke out of a long-standing descending triangle** on the **1D timeframe**, signaling potential bullish momentum ahead. Letโs break it down:
๐ **Key Observations:**
* โ **Breakout above resistance trendline** at \~\$1.20
* ๐ฅ **MACD bullish crossover** suggests building upward momentum
* ๐ซ **Strong support zone**: \$0.85 โ \$1.05 (tested multiple times)
* ๐ **Price Target**: If breakout sustains, potential next resistances lie at **\$1.32**, then **\$1.50+**
๐ **Invalidation Zone:** Close below \$1.18 could indicate a fakeout โ trade cautiously!
๐ง **Not financial advice**, but the setup looks strong for a short-to-mid term move up. Always use proper risk management.
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