🚀 WIF (Dogwifhat) – Strong Uptrend, 24h Swing Trading Opportunity

$WIF

#GiaoDichFutures

#PhanTichKyThuat

📊 Real-Time Price Update

• Current Price: $1.15

• 24h Change: Up 2.9%

• 24h Trading Volume: $871 million

• Market Capitalization: $1.15 billion

• Source: Binance   

📈 Technical Analysis

⏱️ 15-Minute Timeframe (15m)

• Trend: Short-term Up

• Indicator: RSI above 70, indicating the market is in overbought territory

• Volume: Gradually increasing, confirming strong buying power

🕐 1-Hour Timeframe (1h)

• Trend: Medium-term Up

• Indicator: MACD crossing up, confirming the uptrend

• Resistance: $1.20  

🕓 4-Hour Timeframe (4h)

• Trend: Strong Up

• Pattern: Forming an ascending triangle pattern, forecasting an upcoming breakout

• Indicator: EMA 50 crossing above EMA 200, confirming the long-term uptrend

📅 Daily Timeframe (D)

• Trend: Sustainable Up

• Indicator: RSI around 65, positive MACD, supporting the uptrend

• Resistance: $1.30 

🎯 24h Futures Strategy

• Position: Long

• Entry Level: $1.15

• Take Profit (TP): $1.30

• Stop Loss (SL): $1.05

• Risk-Reward Ratio: 1.5:1   

Reason: Clear uptrend across all 4 timeframes, with increasing volume and supporting technical indicators.

📌 Note: The above strategy is for reference only. Please assess risks and manage capital when participating in trading.

$WIF