$WIF 💪 🔥 BREAK OUT 💪 💪
WIF/USDT Trade Setup – Short-Term Momentum Play
1. Market Structure
Trend: Bullish bias with potential breakout formation
Pattern: Cup and handle forming on 4H chart; breakout possible above $1.38
Momentum: Steady price action with increasing volume – bullish sign
Trading Strategy
Scenario 1 – Breakout Entry
Entry: Break and close above $1.38 with volume spike
Target 1: $1.50
Target 2: $1.68 (extension target)
Stop-loss: $1.28 (below breakout retest level)
Scenario 2 – Pullback Buy
Entry: $1.15–$1.25 zone (Fibonacci + EMA support)
Target 1: $1.38
Target 2: $1.50
Stop-loss: $1.08 (below major support)
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Risk Management
Max 2% risk per trade
Scale out near $1.50; trail stop if breakout accelerates