🔥🔥$WIF price analysis from current market trend.🔥🔥
✅ Figure-1 shows that #WIF🔥🔥 is moving above central support of descending channel which is represented by dashed line. If WIF breaks the current support zone it might test bottom support of the channel. If bulls are able to hold the support line then the price will possibly rebound and continue to move upward then maybe no target is safe.
✅Figure-2 chart displays that if $WIF moves continuously around central support within descending channel, it is highly likely possible it will rebound from support of the channel and breaks the upper resistance of the descending channel which is becoming weak as WIF bulls continuously testing the resistance and at some point in near time it may break the resistance and moves quickly upward.
✅In case, if $WIF is unable to hold support of the central or lower support of the channel then price may dip quite low to fill the orders.
✅🔥 Those spot buyers, if bought at higher price then wait for $WIF to comes around the lower support zone of the channel and then can do DCA and HODL for their desired target. When analyzing market performance parameters, meme community activitues and market cap WIF will probably do at least another 10x-15x during the next leg of the bull market. However one need to stay calm and understand the current situation of the market. This bull run shows dedication towards meme coins.
📝PLEASE PRESS FOLLOW if you like and agree with the idea and want more information about other crypto currencies. DYOR for financial activities. This information is only for learning and education purposes. Thank you.
