technical analysis and trade signal for the $WIF /USDT pair, with three target levels and trade momentum:🔥🔥🔥🚀🚀

Current Price: $2.51

Trend: Bearish in the short term due to the 11.80% drop in the last 24 hours and recent price action.

Key Support Level: $2.48 (24h Low)

Key Resistance Level: $2.87 (24h High)

Indicators:

SAR (Stop and Reverse): $2.49 – indicates a neutral or slightly bearish trend.

Volume: Decreasing volume, suggesting reduced market interest or consolidation before a breakout.

Momentum: The negative price movement of -2.794% in the last 15 minutes and -6.246% in the last 4 hours suggests a strong bearish momentum in the short term.

Trade Signal:

Recommendation: Short Sell if the price fails to break above the $2.60 resistance level. Look for entry around $2.50.

Stop Loss: $2.60 – Above this level, the bearish trend could weaken.

Take Profit Targets:

Target 1: $2.48 (near the 24h low and a strong support area)

Target 2: $2.40 (next psychological support)

Target 3: $2.20 (extended target)

Trade Momentum:

Bearish momentum suggests that the price could continue to decline, but watch for any reversal signals around $2.48 for potential long opportunities.

Trade volume is low, which may indicate consolidation before a stronger move in either direction.

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