$WIF WIFUSDT – 1H Bullish Setup

• Price is stabilizing near EMA233 ($1.0642), historically a strong dynamic support for reversals. This level aligns with the lower consolidation boundary after a healthy correction from $1.39.

• RSI(6) is deeply oversold (23.57) and beginning to curl upward, signaling exhaustion of sell pressure and a potential bounce setup.

• MACD shows early signs of a bullish crossover below the zero line — a classic reversal signal in downtrends if followed by volume confirmation.

• OBV shows accumulation divergence: while price makes lower lows, volume outflow is decreasing — suggesting stronger hands are absorbing sells.

• Price action is forming a rounded bottom structure with multiple tests of the $1.006–$1.037 support zone, indicating base formation before potential breakout.

• Reclaim of EMA21 ($1.0796) could trigger a wave of short covering and retest EMA89 ($1.1096), with further targets at $1.1360 and $1.20 psychological.

• Stop-loss tight below $1.00 for favorable risk-reward.

• First TP: $1.1080

• Second TP: $1.1360

• Final TP: $1.20–$1.24 if momentum builds.

This is the zone where early bulls step in before confirmation.