$WIF Short Liquidation: A Powerful Setup Ahead!

Recent Data: $5.5325K worth of shorts liquidated at $2.11036, signaling that bears are losing control.

This could ignite strong bullish momentum, making it a potential breakout opportunity!

Key Levels to Watch

Support Area: $2.00 - $2.10

Resistance Zone: $2.50 - $2.65

Breakout Target: Above $2.65

Trading Plan for #WIF

Buy Zone

Entry Range: $2.10 - $2.20 (near current support levels).

Confirmation: Look for increased buying volume or a strong move above $2.20 before entering.

Targets

1. Target 1: $2.50 (short-term resistance).

2. Target 2: $2.65 (key breakout level).

3. Target 3: $3.00 (if momentum builds further).

Stop Loss

Stop Loss Level: $1.95 (below support to limit potential downside).

What to Watch Next

1. Bullish Case:

If price holds above $2.10 and breaks $2.65, expect explosive moves toward $3.00 or higher.

2. Bearish Case:

If price drops below $2.00, avoid buying as further downside may occur.

💡 Tip: Follow the momentum and set tight stop losses to protect your capital. Liquidations often lead to sharp reversals, so keep an eye on volume and price action!

Stay ready for action – the bulls might take charge!

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