$WIF /USDT – 4H Trade Setup
Market Insight:
$WIF is trading at 1.219, down -1.14%, and currently under short-term pressure. It’s sitting just below the 7 and 25 MA levels (1.246 / 1.242), suggesting short-term weakness. However, it remains well above the 99 MA (1.137), which shows the broader trend is still intact. Watch for a reclaim of 1.246+ to signal bullish momentum.
Entry Zone:
Buy Zone: 1.166 – 1.186 (prior support and close to key demand zone)
Breakout Entry: On close above 1.246 with rising volume
Targets:
Target 1: 1.242
Target 2: 1.282
Target 3: 1.325
Stop Loss:
Below 1.128 (under recent low and just below 99 MA)
Key Levels:
Support: 1.166 / 1.128 / 1.076
Resistance: 1.242 / 1.282 / 1.325
Breakout Zone: 1.246+
Major Support Base: 1.137 – 1.128
Pro Tip:
If WIF reclaims the 1.242–1.246 resistance with strong volume, it could quickly revisit 1.282 and potentially 1.325. Avoid chasing entries unless volume spikes. Look for reversal candles near the 1.166 zone for optimal dip entries.
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