$WIF BOUNCING FROM KEY LEVELS – SHORT-TERM RECOVERY IN MOTION
$WIF is trading at 1.056, rebounding from the intraday low of 0.971 after a bearish start. Volume is moderate at 49.87K, and bulls are trying to reclaim short-term control, though sell pressure still outweighs buyers (56.77% ask dominance).
Key Support & Resistance Levels:
• Resistance:
• 1.060 – Immediate resistance and potential breakout trigger
• 1.100 – Next upside target
• Support:
• 1.020 – Mid-level support
• 0.971 – 24h low and strong demand zone
Trade Setup – Momentum Reversal Play:
• Entry Zone: 1.053 – 1.056
• TP1: 1.060
• TP2: 1.100
• Stop-Loss: Below 1.020
WIF is showing early signs of recovery, but with sellers still dominant in the order book, confirmation above 1.060 is crucial. A strong push from this level could open the door to 1.10+, while failure to hold 1.020 would risk another breakdown.