$WIF Bullish Momentum Challenging Resistance at $1.150
WIF is currently trading at $1.129, showing strong upward momentum following a recent bounce from support, but is now encountering immediate resistance. The next move will determine whether bulls can sustain the rally or sellers push the price back down.
Key Levels:
Resistance: $1.150 (immediate), followed by $1.160.
Support: $1.120 (immediate), then $1.100.
Trade Setup:
Bullish Entry: A confirmed break and sustained trade above $1.150. Targets: $1.160, $1.170.
Bearish Entry: A confirmed break and sustained trade below $1.120. Targets: $1.110, $1.100.
Stop-Loss: Utilize tight stop-loss orders to manage risk effectively.
WIF/USDT is attempting a significant recovery. Its ability to clear and hold above $1.150 will be crucial for further upside. A rejection at this level or a break below $1.120 could signal a pullback. Expect volatility.