$WIF
Technical Analysis:
Bearish Indicators: WIF is forming a bearish continuation pattern with visible downward pressure and failed recoveries. Unless bulls reclaim above $0.970, sellers remain in control. A support breach below $0.930 could accelerate further downside.
Bullish Indicators: Some analysts suggest that WIF might be gearing up for a major breakout, with technical indicators like RSI turning up and increased volume. A hammer candlestick pattern at the bottom indicates potential bullish reversal.
Price Predictions:
Short-Term: Predictions suggest that WIF could reach $1.3 in the next week and $3.3 in the next month, assuming bullish momentum continues.
Mid to Long-Term: Analysts forecast that WIF could reach $2.50 by the end of 2025 if the bull market remains intact and meme coin hype continues.
Trading Strategy:
Bullish Scenario: If WIF breaks and holds above $1.15 with increased volume, it could signal a bullish breakout. Entry could be considered on a close above $1.15, targeting $1.22 and $1.32, with a stop loss below $1.10.
Pullback Play: A dip to the $1.10ā$1.13 range, followed by bullish candlestick confirmation, could present a buying opportunity. #MastercardStablecoinCards