The WIF/USDT chart shows the price consolidating after a significant pump and subsequent retracement. Recently, the price has started to creep upwards, and it is now trading above the MA(7) and MA(25), with the MA(99) acting as a longer-term support. Volume has been relatively consistent during this consolidation. The MACD has recently crossed into positive territory and appears to be gaining momentum, suggesting a potential shift towards a bullish trend. The current price is $1.0551.
Asset : WIF/USDT
Analysis :Potential Bullish Reversal/Continuation
Entry (Buy) Around $1.00 - $1.05 (On a slight pullback or confirmation of breakout)
Stop Loss Below $0.90 (Below recent consolidation lows and MAs)
Target (Sell) $1.20 - $1.30 (Towards previous local high and potential resistance)