$WIF UNDER HEAVY PRESSURE – BULLS NEED A BREAK ABOVE TO RECLAIM CONTROL!
$WIF is trading at $0.952, down -7.48%, following a sharp pullback from the 24h high of $1.10. Price is consolidating near support, with buyers attempting to regain momentum—but sellers are still active around each bounce.
Key Levels to Watch:
• Resistance Zone: $0.970 – $0.990
A breakout above this zone could lead to a solid intraday recovery.
• Support Zone: $0.933 – $0.945
This zone is critical. If it fails, more downside could follow fast.
Trade Setup – Tight Range Could Unleash Big Move:
Bullish Scenario:
If price breaks above $0.970 with increasing volume, next targets may be:
• TP1: $0.990
• TP2: $1.025
Bearish Scenario:
A drop below $0.933 could trigger fresh losses toward:
• TP1: $0.910
• TP2: $0.875
Stop-Loss Recommendations:
• Long Entry: SL below $0.933
• Short Entry: SL above $0.990
$WIF is stuck in a tight consolidation zone. A push above $0.970 could signal a reversal is forming, while losing $0.933 may confirm continuation of the downtrend. Stay alert for volume spikes and breakout confirmations.