🚀$WIF /USDT – Bullish Momentum With Temporary Cool-off🤔🔐👇
Current Price: 0.972 USDT
Timeframes Analyzed: 4H and 1H
🔍 Chart Observations:👨🏫
🔹 4H Timeframe📊
Breakout Confirmed: Strong bullish breakout from the consolidation range, with back-to-back full-body green candles.
MA Support: All key moving averages (50, 100, 200 EMA) are aligned bullishly, with price trading well above them.
Volume Spike & RSI: RSI at 74.85 indicates strong bullish momentum, nearing overbought conditions.
Support Zone: 0.894 (green MA line) will act as immediate support if price pulls back.
Trend: Clear bullish continuation trend, with a potential to retest $1.00+ levels.
🔹 1H Timeframe
Local Resistance at 0.980: Price consolidating just below this level. Minor rejections visible.
RSI Cooling: RSI at 68.25, dipping from overbought territory – suggesting a short-term cool-off.
EMA Support Levels:
Green (20 EMA): 0.943
Blue (50 EMA): 0.906
Yellow (100 EMA): 0.884
Sideways Movement: $WIF Price is moving sideways with small-bodied candles – potential for a minor pullback before next push.
🧠 Trade Plan ( Bullish Bias)🔥
✅ Entry Zone (Buy the Dip):
Entry Range: $0.943 – $0.950 (near 20 EMA support on 1H)
Add More If: Price tests $0.906 and holds (50 EMA)
🎯 Target Levels:
Short-Term TP1: $0.990
TP2: $1.050
TP3 (Extension): $1.10+
🛑 Stop-Loss:
Below $0.890 (invalidates short-term bullish structure)
⏳ Trade Duration:
Intraday to 2 days swing
🧭 Pro Tips:
Wait for a clean 1H breakout above $0.980 with volume before new entries.
Use RSI pullback zones (around 60) to add on dip.
If BTC remains stable above $58K, meme coins like WIF can rally further.
💬 Takeaway:👨🏫
$WIF has shown a clean technical breakout backed by solid momentum. While short-term RSI cool-off might lead to a brief dip, the structure remains bullish. Buying on retracements near 20/50 EMA offers a high-reward opportunity.
☣️ This analysis is for educational purposes only.