$WIF Long Liquidation: $62.227K at $1.94674

🚨 Market Breakdown:

Liquidation Type: Long

Liquidation Value: $62,227

Liquidation Price: $1.94674

💹 Market Analysis:

Heavy selling pressure led to a major long liquidation, forcing WIF below critical levels.

Bears are in control, but this dip could present a recovery opportunity if key supports hold.

🔥 Trading Plan:

Entry Point: Look for a buy near $1.950 if the price stabilizes.

Target 1: First resistance at $2.050, offering a potential 5% gain.

Target 2: If momentum builds, aim for $2.150, the next key resistance.

Stop Loss: Place a stop at $1.900 to minimize downside risks.

💥 What to Watch:

Support Zone: $1.920 is the immediate support; a drop below could send WIF to test $1.850.

Breakout Zone: A sustained move above $2.050 could signal a bullish reversal, targeting higher resistance levels.

🔔 Pro Tip:

Monitor the volume closely. High buying volume near $1.950 could indicate recovery,

while low activity may signal continued bearish pressure.

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