[WIF Analysis - Trading in the Sideway Zone, Following BTC Trend]
📈 Overall Trend:
• WIF is sideway in a wide range of 0.813 – 0.92, but the main trend is still a slight increase on the 4H and 1D frames.
• EMA20 and EMA50 are converging, providing good support in the range of 0.800 – 0.815.
• Major Note: If BTC breaks below 103,000, the entire altcoin market (including WIF) may drop significantly, and WIF will retest 0.80 or lower.
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✅ Proposed Trading Strategy
1. Spot Trading (for medium/long-term holders)
• Entry: 0.815–0.820
• Stoploss: 0.799
• Take Profit: 0.92
• Success Probability: ~60% if BTC remains stable above 104,000
🟩 Reason: This is a low purchase zone within the sideway range, matching technical support and market psychology. The price may continue to retest the peak area of 0.92 if not dragged down by BTC.
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2. Futures Trading (short-term by region)
Scenario 1 – Long in support zone:
• Long: 0.815–0.820
• SL: 0.799
• TP: 0.92
• R:R ratio ~ 4:1
⚠️ Only open if BTC does not break 104K
Scenario 2 – Short in resistance zone:
• Short: 0.90–0.915
• SL: 0.925
• TP: 0.83
• R:R ratio ~ 3:1
🟥 Probability around 50%, only open when there is a clear reversal signal in the range of 0.91–0.92 or if BTC is rejected at a strong resistance zone.
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⚠️ Risk Warning:
• If BTC falls below 103,000, do not hold Long WIF positions. The level of 0.80 may be breached quickly.
• Avoid trading in the price range between 0.85–0.88 (noisy zone, unclear trend).
