🚨$WIF /USDT Technical Analysis🚨
📊The $WIF /USDT pair is currently consolidating within a narrow range. The price has been forming lower highs and lower lows, suggesting a bearish trend.
📉Short Entry: 3.200
🟢Short Stop Loss: 3.250
📈Long Entry: 3.050
🔴Long Stop Loss: 3.000
💹The RSI is currently below 50, indicating bearish momentum. A break below the lower support level at 3.000 could trigger a further decline. Conversely, a break above the upper resistance level at 3.250 could signal a potential reversal to the upside.
⚠️Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.
📝Note: The provided entry and stop loss values are based on the current price action and may need to be adjusted based on future market developments.
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