šØ $WING Wing Finance Day Trading Strategy ā April 30, 2025
WING is trading at $0.9452, with an intraday high of $1.31 and a low of $0.8090. The token has experienced a significant decline of over 33% in the past week, indicating heightened volatility.
š Technical Overview
Support Levels: $0.80, $0.72
Resistance Levels: $1.00, $1.20
Indicators:
Moving Averages: The price is trading below the 50-day EMA, suggesting a bearish trend.
MACD: Bearish crossover observed, indicating downward momentum.
RSI (14): Approximately 30, suggesting oversold conditions and potential for a short-term rebound.
š $WING Intraday Trading Plan
Long Entry: $0.85 ā $0.90
Take Profit (TP): $1.00 ā $1.05
Stop Loss (SL): $0.80
Short Entry: $1.10 ā $1.15
Take Profit (TP): $0.95
Stop Loss (SL): $1.20ā
š° Market Insights
Price Prediction: Short-term forecasts suggest a modest increase, with projections estimating WING to reach approximately $0.976 by May 6, 2025.
Technical Sentiment: Current technical analysis indicates a bearish sentiment, with 77% of indicators signaling bearish trends.
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