$WIF Trading at $0.853 – Bulls Attempting to Defend Key Support
WIF is currently trading at $0.853, showing a recent dip and now consolidating around a crucial support level. The price action here will determine if buyers can step in to initiate a bounce or if sellers will push the price lower.
Key Levels:
Resistance: $0.854 (immediate, recent high), $0.860 (stronger)
Support: $0.853 (immediate, current price), $0.849 (stronger)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move above $0.854 could target:
Target 1: $0.860
Target 2: $0.870 (implied, previous consolidation high)
Bearish Entry: A break below $0.853 could target:
Target 1: $0.849
Target 2: $0.839 (24h Low, stronger support)
WIF/USDT is at a pivotal moment. A successful defense of $0.853 could signal a short-term bounce, while a sustained break below it suggests further downside is likely.
