🚨 $WIF /USDT ALERT: Potential Setup on the 15-Minute Chart 🚨
Price Action Overview:
WIF/USDT has experienced significant upward momentum, currently up by 34.78% with a peak at 4.830 in the last 24 hours before pulling back to find stability near 4.019. The price action indicates potential consolidation, signaling that traders should watch for a breakout or further correction.
Current Price: 4.019
Entry Price for Long Trade: 4.030
💡 Critical Levels:
Resistance: 4.503 – A move above this level could reignite bullish momentum, aiming for higher targets.
Support: 3.797 – Holding above this level is essential to avoid deeper corrections.
🎯 Take-Profit Targets:
1. Target 1: 4.300
2. Target 2: 4.500
3. Target 3: 4.750
📉 Stop Loss: 3.750 – This level minimizes risk if the price sees a downturn.
⚠️ Cautionary Note: The coin is showing signs of potential consolidation. Traders should monitor volume and price stability near current levels. A breakout above resistance could signal a strong upward move, while a breakdown below support might lead to further declines. Keep a close eye on these critical levels for any potential price action shift.