CoinQuest
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๐ป $WIF /USDT Downtrend Still Active, But Relief Bounce Possible
4H Chart Review:
$WIF is down over 13% in 24H, dropping from $1.078 to a low of $0.792. The trend is still bearish with weak bounce attempts so far.
๐ Key Zone to Watch:
โข Holding above $0.792 is crucial
โข If it breaks, downside targets are $0.75 โ $0.70
โข Buyers are showing interest near $0.798โ$0.800
๐ Current Sentiment:
โข Sellers losing some momentum
โข Bid strength at 55.74% shows potential for consolidation or a bounce
โข Reclaiming $0.82 could trigger a reversal attempt
โ ๏ธ Stay Alert:
Until $0.82 is regained, the short-term trend stays bearish. Look for bullish candles or volume spikes before jumping in.
4H Chart Review:
$WIF is down over 13% in 24H, dropping from $1.078 to a low of $0.792. The trend is still bearish with weak bounce attempts so far.
๐ Key Zone to Watch:
โข Holding above $0.792 is crucial
โข If it breaks, downside targets are $0.75 โ $0.70
โข Buyers are showing interest near $0.798โ$0.800
๐ Current Sentiment:
โข Sellers losing some momentum
โข Bid strength at 55.74% shows potential for consolidation or a bounce
โข Reclaiming $0.82 could trigger a reversal attempt
โ ๏ธ Stay Alert:
Until $0.82 is regained, the short-term trend stays bearish. Look for bullish candles or volume spikes before jumping in.
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WIF
0.853
-0.81%