📈 WIF/USDC (15m) – Bull flag or divergence before a drop?
WIF is moving in consolidation after a strong breakout from 0.655 to 0.700. The candle structure resembles a bull flag, but the technical situation is not as clear anymore:
🔹 The price is creating higher lows but cannot break through 0.700.
🔹 RSI shows divergence – lower peaks on the oscillator with flat price = warning.
🔹 MACD is slowing down, the histogram is weakening.
🔹 Volume is decreasing – typical for the end of an impulse or a false breakout.
🔹 EMA9/21/50 still support the trend, but the 200 is still acting as resistance (~0.706).
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🔍 Scenarios:
✅ Breakout from the flag with volume and RSI >60 = chance for continuation to 0.715–0.730.
❌ Breaking EMA21 (~0.690) + RSI <55 = possible drop to 0.684 or 0.677.
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💡 Watch the price reaction at the 0.700 level and the behavior of the RSI – they will indicate the direction before the 4h session.
