🐶 WIF/USDC: Pullback After Pump — Key EMA Support Test
WIF spiked up from $0.776 to $0.821, but is now in a corrective phase. It’s trading slightly below the 7 EMA ($0.802) and testing the 25 EMA ($0.795). If it holds above $0.795 and reclaims the 7 EMA, it could make another leg up. Losing $0.790 support may trigger deeper downside.
⚠️ Watch for bullish engulfing candle near $0.795 for re-entry.
📊 Trade Setup
Entry Zone: $0.795 – $0.798
Take Profit 1: $0.810
Take Profit 2: $0.821
Take Profit 3: $0.830
Stop Loss: $0.786