$WIF - Rejected at the lowest peak of $0.805 🔻
Support has been broken, and a downward acceleration is active.
It continues to decline after being rejected from the level of $0.805.
The price has now breached the daily support level at $0.791, opening the way for a deeper correction towards the demand area at $0.749.
Trading Settings
• Entry Point: 0.790-0.792
• Stop Loss: 0.805
• Take Profit: 0.749
Market Predictions
The downward trend remains strong.
As long as the price of WIF shares stays below $0.805, the potential for it to continue towards $0.749 remains.
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