$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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