📈 Analysis and forecast for $WIF : is it time to exit? 🚀
As of May 22, 2025, 11:27 EEST, the exchange rate $WIF on Binance is $1.174, with a 21% increase over the last 24 hours. The trading volume for the day is about $250M, and the market capitalization is $1.17B (with a circulating supply of 998.84M WIF). On X, the sentiment is bullish: users note the breakout of an ascending triangle on the 4-hour chart and the potential for growth to $1.40, but some point to risks due to the high RSI.
Technically, WIF shows strength. On the 4-hour chart, the price is approaching the resistance of $1.19, and the RSI (14) at 65 indicates bullish momentum, but is close to being overbought. Key levels: support — $1.10, resistance — $1.19. A breakout above $1.19 with a volume above 75M could push the price to $1.32–$1.40, but a drop below $1.10 would strengthen the pressure towards $1.02.
Forecast: in the short term (until the end of May) WIF could reach $1.40 if the momentum holds. By July 2025, a correction to $1.00 is possible due to overbought conditions. The long-term target for 2026 is $2.50, provided there is increased interest in meme coins on Solana.
Is it time to exit? After a 21% increase and the current price of $1.174, taking profits seems reasonable, especially ahead of the resistance at $1.19. Set a stop-loss at $1.10 for protection. For long-term investors, holding with a target of $1.40 is possible, but watch the volumes and RSI. $WIF is promising due to the community, but volatility is high — be cautious! #WIF #Binance #CryptoAnalysis
