[Setup Long $WIF /USDT – TF 4H]
#WIF successfully rebounded from the 0.5 Fibonacci retracement zone (0.9283) and is now trying to confirm a breakout from a mini descending channel. Currently, the price is around 1.1375 (+16.82%), indicating that momentum is starting to become active again.
Entry (Long): 0.9500
Stop Loss: 0.8349 (Fibo 0.618)
Take Profit:
TP1: 1.1373 (Fibo 0.236) – has started to be touched
TP2: 1.2500 (minor resistance area)
TP3: 1.3240 (local ATH / Fibo 0)
TP4 (optional): 1.5000+ if DOG market euphoria becomes active again
VMA-33 (dynamic support): 0.9245
HTF VMA (main support): 0.6341
Current trend: Neutral leaning Bullish
Price > VMA: +23% (strong momentum forming)
The WIF fortune is not over yet. As long as it stays above 0.92–0.95, the potential for further rallies is very open. Stay cautious of high volatility and use strict money management!