Here's the technical breakdown and forecast for WIF/USDT (Perpetual)
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๐งพ $WIF /USDT Snapshot
Metric Value
Last Price $0.7633 (-5.50%)
Mark Price $0.7635
24h High / Low $0.8250 / $0.7489
24h Vol (WIF) 458.63M
24h Vol (USDT) 362.40M
Current Volume 21.59M
MA(5) 23.73M
MA(10) 20.78M
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๐ Technical Outlook
โ Trend: Bearish Short-Term
Down 5.50% daily, now hovering just above key support at $0.7489.
Lower highs indicate selling pressure continues.
๐ Volume:
Slightly under MA(5) โ momentum cooling, but still active.
Strong volume zone between $0.74 โ $0.77, suggesting support testing.
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๐ Key Levels to Watch
Type Level Action
Resistance $0.8057 โ $0.825 If price rebounds, watch this range
Immediate S/R $0.7633 (current) On the edge of short-term support
Support $0.7489 If broken, next test around $0.7416โ0.72
MA Battle MA(5) > MA(10) Momentum slightly favors bounce, but fragile
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๐ฎ Next Likely Moves
๐ด If $0.7489 Breaks:
Bearish continuation to $0.74 โ $0.72
Ideal for short entry below $0.748 with SL at $0.775
Watch for spike in sell volume
๐ต If Support Holds ($0.75 area):
Relief bounce to $0.78 โ $0.805
Break above $0.825 needed to flip bias bullish
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โ Suggested Strategy
Setup Type Action Plan
Scalp Long Enter above $0.765 โ Target $0.78 / SL at $0.75
Short Breakout Short below $0.748 โ Target $0.72 / SL at $0.775
Safe Play Wait for break above $0.825 or clear bounce confirmation off $0.75
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Would you like me to:
Plot this on a chart with RSI, support zones, etc.?
Or create an automated entry/exit trade bot script for this setup?
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