This 4-hour candlestick chart for WIF/USDT shows the current price at $0.651, down -8.57% in the last 24 hours.
When Can It Turn Bullish?
1. Holding the Support Level ($0.611)
The $0.611 level appears to be a strong support. If the price holds here and bounces upward, a bullish move could follow.
2. Bullish Candlestick Patterns
Look for Bullish Engulfing, Hammer, or Doji candles at support. These patterns indicate potential reversals.
3. Increase in Volume
If green candles appear with rising buying volume, it means buyers are stepping in, which can lead to a bullish trend.
4. Breaking Resistance Levels ($0.741 - $0.800)
A breakout above $0.741 or $0.800 with strong volume would confirm a bullish trend.
Key Levels to Watch:
Support: $0.611
Resistance: $0.741, $0.800
Breakout Target: $1.00+ (if momentum builds)