š $WIF /USDT Recovery in Progress: Potential Reversal Setup! š
Current Price: $1.915 (+2.85%)
WIF/USDT has rebounded strongly from the $1.797 support level, signaling a potential reversal after recent declines. A breakout above $2.003 could confirm a shift to bullish momentum, targeting higher resistance levels.
Key Levels:
Support: $1.797
Resistance: $2.003, $2.099
Next Target: $2.150
The recovery is supported by increased volume, showing renewed buying interest. A close above $2.003 could provide confirmation for further upside movement.
Trade Plan:
Entry: Consider entering near $1.915 for a bounce setup.
Targets: Short-term: $2.003 | Next: $2.099 and $2.150
Stop-Loss: Place below $1.890 to limit downside risks.
Monitor price action near the $2.003 resistance level. A breakout could offer strong short-term gains, while failure to hold $1.890 might suggest renewed weakness. WIF/USDT remains a promising opportunity for a reversal trade!
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