$WIF Market Trend: Bullish, Consolidating After Gains
Trade Signal
Entry 1: $1.025 (Current zone - for continuation if it holds)
Entry 2: $1.010 (Buy on pullback towards the middle band)
TP1: $1.040
TP2: $1.050
TP3: $1.060
TP4: $1.070
Stop-Loss: $0.968 (Below recent strong support)
Why This Trade?
WIF has shown a clear upward trend, consistently maintaining its price above the middle Bollinger Band. The bands have expanded upwards, indicating strong bullish momentum. The current slight consolidation is a healthy pause after recent gains, suggesting it might be preparing for another move higher.
Support & Resistance Levels
Support: $1.010 • $0.998 • $0.985
Resistance: $1.040 • $1.050 • $1.060
Market Update for WIF (WIF)
WIF is currently displaying positive momentum, with prices consolidating after a period of gains. Volume is moderate, indicating some continued buyer interest. The overall market sentiment for WIF is bullish, with traders anticipating further upward movement if current support levels hold.
