$WIF Short Liquidation Update
A short position worth $109K was liquidated at $3.664, suggesting that bullish pressure is intensifying.
The price action hints at a possible continuation toward higher levels.
Key Levels to Focus On:
• Support: $3.600 (critical area to maintain bullish momentum)
• Resistance: $3.700 (key barrier for upward movement)
Expert Take:
• Buy Strategy:
If WIF remains above $3.664, consider a long position targeting $3.700 or higher.
• Sell Opportunity:
Should the price drop below $3.630, a short position could aim for $3.600.
Suggested Entries:
• Buy: Above $3.664, targeting $3.700-$3.750
• Sell: Below $3.620, aiming for $3.580
Trade smartly and keep risk management in check as volatility continues!
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