Hello crypto team! Today, we zoom in on WIF/USDC, a pair that has been talked about a lot in recent days. After a long dive, the token seems to be regaining color... But is this really the beginning of a real comeback? Let's break it all down together!
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1. The current context đ
Current price: 1.044 USDC đ”
7-day change: +54.21% đ
Recent low: 0.304 USDC (ouchâŠ)
24h Volume: significantly up, over 15M USDC exchanged! đ„
> The token has come back from far, but the market seems to be taking an interest in it very seriously again.
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2. Quick technical analysis đ
The moving averages:
MA(7) (short term) is well broken upwards â
MA(25) (1.20) is the next resistance zone â ïž
The volume:
Gradual and steady increase in volumes = good health of the current movement đ
Buyers have been in control for several days.
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3. Short-term scenarios âł
Bullish scenario đą
If the price breaks 1.15â1.20 with good volume, we could aim for levels around 1.40 or even 1.60. Positive momentum + hype = pump potential!
Bearish scenario đŽ
If the token hits 1.20 and fails to break through, it could return to test the supports at 0.90â0.80, a possible stabilization zone.
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4. Conclusion: what to do? âïž
WIF shows a nice rebound after a descent into hell, supported by volumes and a return of interest. But beware of the 1.20 zone, which could act as a wall for the bulls.
My suggestion:
For the more aggressive: possible entry now with a tight stop below 0.90.
For the more cautious: wait for a clear break of 1.20 with volume.
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And you, what are you doing? đŹ
Are you following the rebound or do you prefer to stay on the sidelines? Feel free to share your opinion or strategy in the comments!
See you soon for a new crypto analysis!