$WIF Support and Resistance:
Support: The price has bounced off the long-term support around $2.5.
Resistance: Watch for resistance near $2.93 and $3.95.
Descending Triangle Pattern:
The chart shows a descending triangle pattern.
If it breaks out above the upper trendline, consider a bullish entry.
Entry Strategy:
For an entry, consider buying if the price surpasses $2.5631.
Set a stop loss around $1.8680 to manage risk.
Targets
Short-term targets: $2.00 and $1.718.
Long-term potential: $4.86 or beyond.
Remember to adapt your strategy based on market conditions and risk tolerance. Happy trading! 🚀📈
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