#WIF

Gaining an attention, After peaking at $1.393, WIF/USDT experienced a multi-week pullback, forming several consecutive red candles.

The last two weekly candles show a potential reversal, with the most recent candle closing green and above the prior week’s close, suggesting buying interest is returning.

The recent higher low ($0.304) and higher high ($1.393) suggest an overall bullish market structure.

Bullish :

If WIF/USDT holds above $0.83 and continues to close above the 5- and 10-week moving averages, the next resistance levels are:

$0.95 (recent minor high)

$1.10 (psychological round number)

$1.39 (previous high)

Bearish :

If WIF/USDT fails to hold above $0.83 and closes below $0.75 (61.8% Fib), further downside to $0.62 (MA5/MA10 and previous support) is possible.

DYOR $WIF