📌 WIF – Price surges, short-term Long strategy

#WIF

#TradingTypes101

#futuretraders

#MarketPullback

1. Overview

• Current price: 0.9596 USDT

• 24h volatility: +11.88%

• 24h trading volume: ~$429 million

• Quick note: Price surged strongly after hitting the support zone; RSI approaching overbought zone   

2. Technical trend

• 15 minutes: Up; RSI near overbought zone, need to be cautious

• 1 hour: Strong uptrend; price above MA10, positive signal

• 4 hours: Up; price maintains above MA10, supporting the upward trend

• 1 day: Up; price recovered from strong support, heading towards next resistance

3. Trading suggestions

🔵 Spot (Medium-long term investment)

• BUY: 0.90 – 0.95 USDT

• TP: TP1: 1.10 USDT, TP2: 1.20 USDT

• SL: 0.85 USDT

• Reason: Price recovered from strong support; upward trend confirmed

🔴 Future (Short-term trading)

• Strategy: Long positioning

• Entry: 0.95 – 0.97 USDT

• TP: TP1: 1.10 USDT, TP2: 1.20 USDT

• SL: 0.90 USDT

• Probability of success: High

• Note: Only enter when the price maintains above MA10; monitor RSI to avoid entering when overbought  

⚠️ Warning

• If BTC experiences significant volatility, technical signals may become invalid.

• Always set SL to manage risk.

Note: This is a short-term technical analysis; regular market monitoring is needed to adjust strategies accordingly.

$WIF