$WIF / USDT – DEEP PULLBACK, BUT SUPPORTS STILL HOLDING ⚠️
$WIF has dropped -11.55% on the day, sliding to $0.835 after rejection near the $0.95 mark. The price is now trading below the 7-day and 25-day MAs, signaling short-term bearish momentum. However, it's still well above the long-term 99 MA, suggesting the broader trend remains intact.
📉 Technical Overview:
Current Price: $0.835
24H Range: $0.792 – $0.953
MA(7): $0.928 – broken short-term support
MA(25): $0.983 – major resistance ahead
MA(99): $0.669 – long-term trend base
Volume: 117.64M WIF
📊 Trade Setup (Rebound or Breakdown):
• Entry: $0.820 – $0.840
• TP1: $0.880
• TP2: $0.928
• SL: $0.789
Watch for price reaction at the $0.820 zone. A bounce here could flip the structure back toward $0.90+, but if $0.792 fails, deeper downside toward $0.74–$0.70 is possible.
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