🚨 **WIF/USDT Technical Analysis – Potential Breakout Alert!** 🚨
$WIF (dogwifhat) just **broke out of a long-standing descending triangle** on the **1D timeframe**, signaling potential bullish momentum ahead. Let’s break it down:
📌 **Key Observations:**
* ✅ **Breakout above resistance trendline** at \~\$1.20
* 🔥 **MACD bullish crossover** suggests building upward momentum
* 🟫 **Strong support zone**: \$0.85 – \$1.05 (tested multiple times)
* 📈 **Price Target**: If breakout sustains, potential next resistances lie at **\$1.32**, then **\$1.50+**
📉 **Invalidation Zone:** Close below \$1.18 could indicate a fakeout — trade cautiously!
🧠 **Not financial advice**, but the setup looks strong for a short-to-mid term move up. Always use proper risk management.
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