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The $FTM USDT 4-hour chart shows a strong upward movement after bouncing off a key support near $1.10. The price currently trades at $1.3717, up 2.06%, but shows signs of a minor pullback after hitting resistance around $1.45.
Long Position:
Entry: Consider entering a long trade if the price holds above $1.35, as it is now testing this level as support.
Stop Loss: Place a stop loss at $1.29 to protect against deeper corrections.
Target: The next resistance is near $1.45-$1.50. A breakout above $1.50 could push the price to $1.60.
Short Position:
Entry: If the price fails to hold above $1.35 and starts declining below this level, consider entering a short position.
Stop Loss: Place a stop loss at $1.39, above recent highs.
Target: The immediate downside target would be $1.25, followed by strong support at $1.20.
Conclusion: Wait for confirmation at $1.35. A bounce could trigger a long trade, while a breakdown below this level favors shorts. Use strict stop losses and manage risk to avoid reversals.
🚨 $WIF /USDT TECHNICAL ANALYSIS – Watch for Bullish Continuation! 🚨 The $WIF/USDT pair is trading at $3.093, showing a slight increase of +0.85% today. The price has bounced off a key support level and is now testing critical resistance. Here's the analysis for the next potential moves:
💡 Critical Levels to Watch:
🚧 Resistance Zone: $3.200 – The price is facing resistance around this level. A breakout above it could set off a significant rally. 📉 Support Zone: $3.016 – The recent low of $3.016 has provided strong support. If the price holds above this level, bullish momentum could continue.
Potential Targets: 1️⃣ Target 1: $3.130 – A move above resistance at $3.120 could push $WIF towards this first target. 2️⃣ Target 2: $3.150 – A continuation of the upward momentum could lead to a test of this level. 3️⃣ Target 3: $3.200 – If bullish sentiment continues, this level may act as the final resistance zone before a larger move.
⚠️ Market Sentiment: WIF is showing moderate bullish potential, but the breakout above resistance is crucial for further upside. Tight risk management is important if the price starts testing lower support levels.
🔥 Keep an eye on these levels – WIF could be primed for a breakout soon! #Crypto #WIF #Binance #TradingSignals #CryptoAnalysis
According to its upward trend after a correction, it was able to keep itself at this level, and by maintaining the trend and being continuous and maintaining the specified range, it is expected to move to the specified targets. Don't forget capital management. Be successful and profitable.
🚨🚨 👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
Binance Square Family...❤️🔥❤️🔥 I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help. I appreciate your support!