A significant WIF long liquidation shook the market, with $6.9457K wiped out at the $1.9032 level.
What started as a promising rally for $WIF quickly reversed, trapping traders and triggering a sharp sell-off.
Entry Point: $1.9032
Target: $2.20+ (bullish momentum expected)
Stop Loss: $1.80 (critical support level)
As $WIF surged higher, the sudden liquidation turned the tide, leaving traders scrambling.
With volatility spiking, the market’s next move will be crucial. Can $WIF recover, or will the downward pressure continue?
The coming hours are vital in determining the next phase for $WIF.