๐$WIF /USDT โ Strong Momentum & Trend Shift Signal ๐ฅ
Current Price: $0.896 (+6.29%)
Timeframes: 1H & 4H
๐ Technical Snapshot:
๐น 1H Chart Insights
โ $WIF Price surged above both 20 & 50 EMA โ bullish crossover confirmed
โ MACD Histogram growing green, lines widening โ strong buying momentum
โ RSI: 69.64 โ approaching overbought but not exhausted
๐ข Bias: Strong short-term bullish with minor resistance at $0.903
๐น 4H Chart Insights
โ Clean breakout candle closing above 20 EMA and testing the 50 EMA (now near $0.909)
โ RSI: 56.56 โ still has upside room before overbought zone
โ MACD crossover is just starting to flip bullish, suggesting a medium-term trend shift
๐ข If $0.91 breaks cleanly โ next target: $0.95โ0.98 zone
๐ง Pro Tip:
If $WIF price sustains above 0.89 with healthy volume, expect breakout buyers to fuel further upside.
However, a rejection from 0.91โ0.915 could invite short-term correction to $0.865 support (20 EMA zone).
๐ Bullish Trade Setup (Spot/Scalp Idea)
๐ฏ Entry: $0.886โ0.890 (confirmed breakout range)
๐ฏ Target: $0.923 โ $0.945 โ $0.98
๐ก๏ธ SL: $0.859 (below MA cluster zone)
๐ Bearish Invalidated Unless:
Price falls below $0.849 with volume + MACD turns flat โ indicates momentum fading
๐ข Sentiment: Bullish Bias โ
Low selling pressure seen around resistance. Volume looks healthy.
๐ง โTraders react to price, but professionals respond to structure.โ
Keep your plan aligned with structure, not emotion.
๐ This is not financial advice. Always DYOR and manage risk.
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