$WIF Token Update: Long Liquidation Sparks Potential Entry

A recent $1.47K long liquidation at $1.0018 shook the market, clearing weaker hands and setting the stage for a possible rebound.

Key Support & Resistance:

Support: $0.98 — a critical zone where buyers may step in.

Resistance: $1.05 — the level to watch for breakout confirmation.

Market Insight:

The dip reflects some profit-taking, but strong support near $0.98 suggests buyers are still interested. A hold here could lead to a retest of resistance levels.

Trade Strategy:

Entry Range: Look for buying opportunities between $0.99 and $1.00 with bullish confirmation.

Targets: $1.05 initially, followed by $1.10 if momentum builds.

Stop-Loss: Set below $0.96 to protect your position.

Stay attentive to volume changes and price momentum to time your trades effectively.

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