The $WIF /USDT pair is currently in a strong uptrend, with the price surging over 1.67% in the past 24 hours. The chart is displaying a clear bullish momentum, with higher highs and higher lows. The current price is trading above all key moving averages, indicating strong bullish momentum.

Key Support and Resistance Levels

Strong Support: $2.058 (recent swing low)

Immediate Support: $2.349 (200-day moving average)

Immediate Resistance: $3.294 (24-hour high)

Strong Resistance: $3.391 (psychological level)

Entry Signal

A potential entry signal could be a pullback to the $2.349 support level. If the price finds support at this level and bounces back, it could be a good opportunity to enter a long position with a stop-loss below the recent swing low.

Trading Strategy

Long Position: Buy WIF/USDT near $2.349 with a stop-loss below $2.058 and a take-profit target of $3.391.

Disclaimer

This analysis is for informational purposes only and should not be considered financial advice. It's essential to conduct your own research or consult with a financial advisor before making any investment decisions.#WillBTCBreak100KSoon #cryptomarketcapATH #BTCBreaks89k #Devcon2024 #Write2Earn!