đš WIF: Critical Support Test - Brace for Potential Breakout!
WIF is approaching a crucial juncture, testing key support levels. Here's what traders need to know:
đ Price Action: WIF has experienced a sharp decline from its swing high of $2.895
đ Key Support: Currently testing the $2.404 level, a critical support zone
đ Volume Profile: vWAP at $2.394 suggests strong historical interest at this price
đź Potential Scenarios:
Bounce: A rebound from current levels could target $2.550 (dVAH)
Breakdown: Failure to hold support might lead to a drop towards $2.045
đ RSI: Oversold conditions at 39.87, hinting at possible bullish divergence
â ïž Risk Management: Set tight stop-losses below $2.3 for long positions
đ„ Don't miss this pivotal moment! Like, comment, and share your thoughts on WIF's next move. Tip if this analysis helped your trading strategy!
