🚨 WIF/USDT Analysis: Critical Support Levels in Play! 🚨

WIF is experiencing a critical phase as it consolidates just above the pmVAL support. Immediate price action and indicators point towards potential movement. Let's break down the key levels and scenarios.

WIF has broken below its previous range with strong volume.

📊 Support Levels:

Immediate support at 2.3 zone.

If 2.3 fails, the next support lies at 1.9 (though highly unlikely).

🟢 Resistance Levels:

Major resistance around 3.2

Mid resistance at 3.04.

💡 RSI Indicator:

RSI currently at 29.12, indicating oversold conditions.

Watch for a potential bounce if RSI moves above 30.

🕵️‍♂️ Volume Profile:

Point of Control (POC) at 3.2.

📈 Key Takeaway: Monitor the 2.3 support zone closely. Failure to hold could trigger further downside, but the current oversold RSI might suggest a potential bounce.

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