$WIF /USDT SHOWS POTENTIAL REVERSAL AS BULLISH MOMENTUM BUILDS ABOVE KEY SUPPORT
$WIF /USDT pair is currently trading at 1.038, marking a +0.97% gain on the day. After a brief pullback toward the 1.000–0.960 support zone, buyers have stepped in, pushing the price back above the 1.020 level and challenging the 1.040 short-term resistance.
Key levels visible on the chart:
Support: 0.960, 0.920, 0.880
Immediate resistance: 1.040, followed by 1.060 and 1.080
Major resistance: 1.100–1.140 range
Volume (T 90.02) shows a steady increase, indicating renewed interest. The order book reflects narrow spreads between BUY at 1.038 and SELL at 1.037, suggesting possible accumulation.
If bulls maintain momentum above 1.040, the next upside targets lie at 1.060 and 1.080. A daily close above 1.100 could trigger a breakout toward 1.140 and potentially signal a continuation of the uptrend.
However, a failure to hold above 1.020 could see the price retesting the 0.960–0.920 zone. This makes 1.000 a key psychological level to watch in the coming sessions.
Outlook: Cautiously bullish, watching for confirmation above 1.040–1.060 with volume support.