$WIF Trading Analysis đ
đš Current Price: $2.459 USDT
Recent Movement: WIF has shown an impressive gain, with an increase of over 8% in the last 24 hours. The price has fluctuated between a low of $2.258 and a high of $2.578.
Volume Analysis:
24H Volume (WIF): 108.71M WIF
24H Volume (USDT): $265.10M
đ Technical Analysis:
Resistance: The immediate resistance is observed at the recent high of $2.578.
Support: Current support levels are found at the recent low of $2.258.
đ Prediction: If WIF continues its upward trajectory and breaks through the $2.578 resistance, there's potential for movement towards the $2.600 mark and higher. A reversal below $2.258 could signal a retracement towards lower support levels.
Strategy:
Long Trade: Consider entering a trade if WIF surpasses $2.578, aiming for the next psychological level of $2.600, with a stop loss just below $2.500.
Short Trade: If the price drops below $2.258, consider taking a short position, targeting a further drop with a stop loss just above $2.300.
đĄ Market Sentiment: Predominantly bullish with a keen watch on the resistance breakout for further confirmation.
#WIF #EIGENonBinance #NeiroOnBinance #CryptoTrading #Binance
