🚨 WIF Plummets! Brace for Impact at These Critical Levels! 🚨
Our earlier predictions on WIF/USDT have come true, and the market is now in a crucial phase. Here’s an updated analysis of the latest chart.
Resistance Level: $2.6481
Major resistance now at $2.6481, after breaking previous supports.
Volume Analysis:
Point of Control (POC): $3.1596
Value Area High (VAH): $3.5956
Value Area Low (VAL): $2.5533
Trading volumes have shifted, showing significant activity below previous supports.
Current Price: $2.1389
Price has dropped below VAL, indicating a strong bearish trend.
Support Levels:
Immediate Support: $2.1389
Major Support: $1.9825
Relative Strength Index (RSI): 40.15
RSI below 50 and trending down, indicating strong bearish momentum.
Key Takeaways:
Price action has confirmed a breakdown below $2.3816, validating our earlier bearish outlook.
Immediate support at $2.1389; a break below this level could target $1.9825.
RSI suggests further downside potential; caution advised for buyers.
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