$WIF FACING CRUCIAL RESISTANCE – BULL FLAG OR FAKEOUT BREWING?
$WIF/USDT is currently trading at $1.119, holding onto most of its intraday gains but struggling just below a key resistance zone near $1.134. Price is consolidating after a powerful push, and the next breakout or breakdown will dictate the short-term direction.
Key Levels to Watch:
Resistance:
• $1.134 – Intraday high and local resistance
• If broken, potential upside targets include:
TP1: $1.147
TP2: $1.165
Support:
• $1.115 – Short-term reaction zone
• $1.070 – Strong structural support; if lost, price may drop to:
TP1: $1.050
TP2: $1.000
Trade Setup – Momentum or Trap
Bullish Entry:
• A clean breakout above $1.134 with volume spike can push price toward:
• TP1: $1.147
• TP2: $1.165
• Stop-Loss: Below $1.115 to protect against whipsaws
Bearish Entry:
• A breakdown below $1.070 could accelerate selling toward:
• TP1: $1.050
• TP2: $1.000
• Stop-Loss: Above $1.134 to limit risk
Stay sharp—this move could happen fast.