$WIF to the moon
Current Market Status
Support Levels:
0.616: This is a key level where price consolidated before the current uptrend.
0.550: Strong support, tested multiple times before the last breakout.
Resistance Levels:
0.707: The recent high, acting as immediate resistance.
0.771 - 0.798: Major resistance zone; last rejection happened here.
Trading Strategy
Entry
Ideal Entry: $0.670 - $0.690 (Pullback to moving averages)
Confirmation Entry: Above $0.707 (If price breaks resistance)
Target
Short-Term Target: $0.771 (Next major resistance)
Long-Term Target: $0.798 - $0.849 (If strong momentum continues)
Stop Loss
Conservative: $0.616 (Below recent consolidation)