$WIF
/USDT HOLDS ABOVE LOCAL LOW — COULD THIS BE A SHORT-TERM BOUNCE?
After a steep drop of over 8%, $WIF is attempting to reclaim ground from the $1.088 low. The 1H chart shows a potential higher low forming around $1.11, with early bullish candles signaling a possible rebound toward resistance.
Trade Setup (Bounce Play):
Entry: 1.125 – 1.135
Take Profit (TP): 1.165 / 1.210
Stop Loss (SL): 1.095
Market Outlook:
WIF is trying to stabilize after intense selling pressure. If bulls hold above $1.12 and push past $1.15, we could see a quick move to retest upper levels. Caution advised — confirmation is key before sizing in.
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