WIF/USDT Candle Analysis
Price & Market Performance
Current Price: $0.671
24H High: $0.688
24H Low: $0.611
24H Change: -2.19% (Bearish trend)
Volume & Market Sentiment
24H Volume (WIF): 124.35M
24H Volume (USDT): 81.20M
Buy vs. Sell Ratio: 46.08% Buyers, 53.92% Sellers (More selling pressure)
Trend & Key Levels
Downtrend Confirmation:
7-day change: -31.05%
30-day change: -57.54%
90-day change: -78.30%
180-day change: -60.57%
Support Level: $0.611 (recent low)
Resistance Level: $0.800 (strong rejection area)
Candle Pattern Analysis
Long Red Candles: Indicating heavy selling pressure.
Small Green Candles Near Support ($0.611-$0.67): Suggests potential consolidation or a weak recovery attempt.
Lower Highs & Lower Lows: Confirms a continuous downtrend.
Conclusion & Strategy
Short-Term: Bearish unless the price breaks above $0.80 with strong volume.
Potential Reversal: If $0.611 holds, a small bounce to $0.74-$0.80 is possible.
Risk: High volatility, weak buying momentum—expect further downside if support breaks.
