WIF Trading Signal in Sideway Area – Quick Analysis According to Technical Strategy
Current Price: approximately 0.88 USDT (at the time of writing)
🚀 Long Strategy (prioritize if it corrects)
• Buy Zone (Entry): 0.849 – 0.853
• Stop Loss: 0.840
• Take Profit: 0.920
• Success Rate: ~60%
📌 Reason: This is the nearest support zone on H1, also the retest point after the breakout. RSI is neutral, volume has not weakened, suitable for Long if the price slightly retraces.
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📉 Short Strategy (if it rises sharply towards resistance)
• Entry: 0.925 – 0.930
• Stop Loss: 0.940
• Take Profit: 0.860
• Success Rate: ~40%
⚠️ This zone is the nearest peak, but if WIF strongly breaks through 0.94, it may shift to a continuing uptrend. Only Short if a reversal candle appears + volume decreases.
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⚠️ Special Warning:
• WIF is a memecoin so it is very susceptible to sudden strong fluctuations based on news or FOMO. SL is mandatory, do not “hold the position waiting to break even”.
• If BTC drops sharply below $105,000, Long strategies should be immediately paused, as WIF will drop faster than other altcoins.
