$WIF
For scalping traders and those entering buy positions before the price drop
We see this chart on the daily timeframe that the price is now in a strong support area
Possible scenarios:
Bullish scenario (in case of a rebound):
If the price maintains support at 0.68 – 0.70 and closes a 4-hour candle above 0.73
It is possible to see a gradual rebound towards:
0.78
0.85
0.95 (strong target)
Bearish scenario (in case of breaking support):
If the price breaks 0.68 with a 4-hour or daily close,
The price may drop to:
0.60 first
Then 0.52 – 0.53
