$WIF /USDT Bullish Reversal Trade Setup
📈 Key Trade Levels
- Support Zone: $1.05 (Strong bounce confirmed)
- Entry Zone: $1.074–$1.080 (Optimal long entry)
- Stop Loss: $1.057 (Below recent swing low)
- Take Profit: $1.116 (Key resistance)
- Leverage: 10x | Risk: 2–3% of capital
🔍 Why This Trade?
✅ Reversal Confirmation: Strong bullish candles off support.
✅ Volume Surge: Increasing buy volume supports upside momentum.
✅ Breakout Potential: Clear path to $1.116 if price holds above $1.07.
✅ Risk-Reward: Favorable 3:1 ratio.
⚠️ Risk Considerations
- Invalidation: Close below $1.057 negates the bullish bias.
- Volatility Warning: Memecoins can reverse quickly—manage position size.
- BTC Correlation: Ensure BTC isn’t dragging the market down.
📊 Market Structure
- Bullish Target:$1.116 (breakout opens path to $1.20).
- Bearish Risk: Loss of $1.057 could trigger deeper correction.
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