$WIF Long Liquidation Alert!
A hefty $3.9809K in longs was liquidated at $1.51117, signaling rising selling pressure on $WIF.
Quick Facts About $WIF:
Current Price: $1.51117
Market Sentiment: Bearish tone after long liquidation.
Trend: Sellers currently in control.
Key Levels to Watch:
Support: $1.45 – If this level breaks, expect further drops.
Resistance: $1.60 – Needs to clear for a bullish recovery.
The long liquidation suggests weakness.
If $1.45 holds, there could be a short-term bounce.
However, failure to reclaim $1.60 will keep it bearish.
Strategy Suggestion:
If You're Holding: Consider selling if $1.45 breaks down.
If You're Watching: Only buy above $1.60 for a safer entry.
Avoid buying until the trend reverses.
The market is shaky—trade cautiously and watch the levels closely!