🐶 WIF/USDT Technical Snapshot – Bounce or Breakdown?
WIF is currently trading around $1.1217, just above the 150 EMA at $1.0962, showing signs of possible support after a strong correction from the recent high above $1.35.
After a sharp rally, price action is now cooling off. The EMA support zone could act as a make-or-break level for the next move.
🧠 Scenarios to watch:
Bounce Setup: If it holds above $1.10–$1.09 and regains momentum, it could revisit $1.20+
Breakdown Risk: Losing the EMA may open downside toward $1.00 or $0.95
Key Levels:
Support: $1.096 / $1.00
Resistance: $1.20 / $1.26
Volume Watch: Volume remains healthy — breakout possible if bulls defend the trendline.
📉 Current bias: Neutral–Bullish
Patience pays — let price confirm the direction before jumping in.