$WIF WIF/USDT] Calm Pullback or Trend Reversal? Still Bullish Until Proven Otherwise!
Current Price: $1.2658 (+39.10%)
24h High: $1.3210
Break Even Price: $1.2845
Volume (24h): 846M WIF
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What we’re seeing:
• Massive run-up from $0.87 to $1.32 — now consolidating just under local highs.
• Perfect support bounce off EMA 10 (yellow line), with candles hugging the trend channel.
• RSI(6): Still healthy at 59 – no bearish divergence yet.
• MACD: Slight cooling, but still above baseline. No confirmed bearish cross.
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Why Still Long?
• OBV rising strongly — volume supports trend continuation.
• Minor pullbacks are expected after vertical runs. This is likely a bull flag, not a top.
• As long as price holds above $1.22–1.24 zone, the uptrend structure is fully intact.
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Strategy:
Don’t panic on red candles. Dip is being bought. If $1.28 gets reclaimed again — we’re looking at retest of $1.32, followed by blue skies.