$WIF /USDT 4H Trade Setup
Market Insight:
$WIF gained +6.88% in the last 24h, currently trading around $0.9731, close to its 24h high of $0.9845. The 24h volume is very strong (~355M WIF), reflecting active trading interest. Current volume (11.37M) is below short-term MAs (MA(5): 21.19M, MA(10): 16.20M), indicating some cooling after a recent spike.
Entry Zone:
Look to enter between $0.95 – $0.97, ideally on a small pullback or consolidation near support.
Targets:
$0.985 – $0.99 – Near-term resistance zone and 24h high.
$1.05 – Next psychological and technical resistance level.
$1.12 – Extended target if bullish momentum sustains.
Stop Loss:
Place stop loss just below recent support around $0.91 to protect from downside.
Key Levels:
Support: 0.91, 0.93
Resistance: 0.985, 1.05
Pivot: ~0.97
Volume & Moving Averages:
Current volume is below MA(5) and MA(10), so wait for volume to pick up again to confirm a sustained uptrend.
Pro Tip:
Watch for strong 4H candle closes above $0.985 with volume confirmation for entry or scaling in. Avoid chasing if price runs too fast without volume.
#ETHBreaks4000 #CryptoIn401k #USFedNewChair #Notcoin #USFedBTCReserve