$WIF Attempting Recovery but Facing Overhead Pressure
WIF is trading at $0.871, down -4.07% today, as it tries to rebound from recent lows. The price is consolidating near a minor resistance zone, signaling potential for either a breakout continuation or another rejection.
Key Levels to Watch
• Resistance: $0.880 – A breakout above could open the door toward $0.900 and $0.920.
• Support: $0.860 – A breakdown below could drag price toward $0.847 and $0.830.
Trade Setup – Prepare for High Volatility
• Bullish Entry: A confirmed close above $0.880 could drive momentum toward $0.900 and $0.920.
• Bearish Entry: Losing $0.860 could lead to a deeper correction toward $0.847 and $0.830.
Market Sentiment:
Order book shows 46.06% buying vs 53.94% selling pressure, indicating sellers still dominate but a sudden influx of buy orders could flip momentum quickly.