🚨 VIP Signal Alert 🚨
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On the 30-minute chart, WIFUSDT is showing a descending channel pattern, marked by lower highs and lower lows, indicating a downtrend. The EMA Ribbon's red line is also trending down, confirming the bearish momentum.
However, there's a bullish divergence on the RSI (Relative Strength Index), suggesting that selling pressure is decreasing even as prices drop, hinting at a potential reversal.
Recently, WIFUSDT has broken above the support line of the descending channel. This breakout, along with the bullish RSI divergence, points to a possible bullish reversal. Hence, WIFUSDT looks to be turning bullish based on these technical indicators.
📈 Signal Details:
- Entry: 1.7950 or Market Price
- Type: Long
- 1st Take Profit: 2.0280
- 2nd Take Profit: 2.0965
- 3rd Take Profit: 2.2055
- Stop Loss: 1.6945
- Leverage: 5x - 10x
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