$WIF Crashes Below Key Support

~$0.80: Previously acting as a support base.

Price is currently below this level at ~$0.78.

Resistance Levels:

$0.931 and $1.013: Clearly marked as resistance zones (with a black “X” likely highlighting a failed retest or liquidity zone).

$1.45 - $1.50 zone: The larger horizontal black line above denotes a more macro resistance level, where the previous rally likely topped out.

Higher Targets (if reversal occurs):

$2.822 and $2.951: Marked levels, possibly FVGs or historical highs.

📉 Price Action:

Price rejected around the $1.00 zone (likely a strong supply zone).

Currently forming lower highs and lower lows = bearish structure.

The recent red candle indicates strong bearish momentum breaking below the $0.80 support level.

🔄 Trade Scenarios:

⚠️ Bearish Continuation:

If the price holds below $0.80, expect a drop toward $0.64 - $0.58.

Next potential support areas may come from previous structure in April.

🩹 Bullish Reclaim Setup:

If bulls can reclaim $0.80 quickly and push through $0.931, then $1.013 becomes the next target.

Reclaiming that black “X” area could invalidate the short-term downtrend.