$WIF Long Liquidation: What’s Next?
Breaking News:
A $13.457K long position was liquidated at $1.9059.
Significant selling pressure has pushed prices lower, making $1.90 a key level to watch.
Plan for $WIF Traders:
📌 Buy Zone:
Look to buy between $1.80 - $1.88, a potential support area where demand could return.
🎯 Target Levels:
1. $1.95 - Immediate recovery level.
2. $2.05 - Key resistance if the price regains momentum.
❌ Stop Loss:
Place a stop-loss at $1.75 to limit downside risks.
Why This Plan Works:
The $1.80-$1.88 range has previously acted as a solid support zone.
A bounce from these levels could lead to a retest of $1.95 and beyond.
Pro Tips for Success:
Use proper risk management; don’t over-leverage.
Wait for a confirmation signal, such as bullish volume spikes or strong candlestick patterns.
Stay patient and disciplined. Execute your plan wisely!