$WIF /USDT SHOWS BEARISH PRESSURE NEAR SUPPORT ZONE – NEXT MOVE CRUCIAL
$WIF /USDT pair is currently trading at 0.944, reflecting a -1.26% decline for the day. After reaching a local high near 1.080, the price has steadily declined and is now testing a key support zone between 0.943–0.920.
The current structure shows lower highs and sustained bearish volume, indicating strong selling pressure. If the 0.920 level fails to hold, downside targets could extend toward 0.900, 0.880, and even 0.860 in a more aggressive drop.
On the upside, a bounce from the support area could trigger a relief rally targeting 0.980, 1.000, and 1.020, but only if bulls reclaim momentum with volume.
Technical Summary:
Trend: Bearish
Resistance: 0.980 / 1.000 / 1.020
Support: 0.943 / 0.920 / 0.900
Next Move: Monitor support at 0.920 – a breakdown confirms bearish continuation; bounce offers short-term upside.
📉 Stay alert – market direction depends on upcoming candle confirmations.