$WIF – Momentum Play: Catching the Bullish Wave 📈🌊
Current Price: $1.127 (+12.70%)
Leverage: 20× (Cross Margin)
Trade Type: Long (Momentum Re-entry)
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Entry Zone:
$0.62 – $0.64
Ideal dip-buy zone on pullback. Avoid chasing above $1.00 without a new consolidation.
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Key Resistance Levels / Take-Profit Milestones:
Level Description
$0.66 Short-term barrier
$0.68 Next hurdle
$0.70 Psychological level
$0.72 Intermediate resistance
$0.7776 Mid-term obstacle
$0.8398 Major resistance
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Take-Profit Strategy:
1. TP1 – $0.66
2. TP2 – $0.68
3. TP3 – $0.70
4. TP4 – $0.72
5. TP5 – $0.7776
6. TP6 – $0.8398
Consider scaling out at each milestone to lock in gains.
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Risk Management:
Stop Loss: 5%–10% below entry
Use hard stops to avoid liquidation, especially with 20× leverage.
Consider trailing SL above $0.70 if the trend holds strong.