$WIF /USDT Trading Signal - Testing Support Zone

Current Price: $1.834

24H Range: $1.812 - $2.098

Analysis:

WIF is in a pronounced downtrend, trading below EMA(7) $1.850, EMA(25) $1.913, and EMA(99) $2.012. The price briefly tested support at $1.812, its intraday low, and is attempting a slight recovery.

Potential Setup:

Entry Zone: $1.815 - $1.850

Targets:

Target 1: $1.870

Target 2: $1.900

Target 3: $1.940

Stop Loss: $1.790

Observation:

The asset's price is consolidating after hitting a critical support level. A sustained recovery above $1.850 may trigger a short-term rally towards EMA levels, but caution is advised.

Actionable Advice:

Monitor price action near $1.812 for entry opportunities.

Consider scaling profits near resistance levels while adhering to stop-loss levels to manage risk.

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