Trade Analysis #24: $WIF to the Moon or Correction?
$WIF price surged (along with BTC's bullish run) following my previous post on WIF.
That's a testament to the crypto market's rapid volatility. We've had to adjust our strategies accordingly. [Or you can simply follow my Copy Trading Portfolio 🔥🔥🔥]
Given these dynamic conditions, I'm revisiting WIF with two potential price scenarios for the next few days:
1. Continued Uptrend: If the upward momentum persists, WIF could encounter resistance at $2.37 (weak) and stronger resistance at $2.64 and $2.49. If you're already invested, consider taking profits as these levels approach.
2. Price Correction: A potential price drop, forming a higher low above $1.50, might indicate a consolidation phase. This could be an opportunity to buy at a lower price point and hold for the next bull run.
That's it for today $WIF Trade Analysis. I hope this short analysis help you make smarter trade decision.
Trade Smarter! Peace Out ;)
P.S. Follow me to Trade Smarter. Your Wallet will Thanks you later 😎💰🚀