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๐ Short-Term Analysis for
$WIF /USDT๐ฅ
๐ Why a Long Trade?
1๏ธโฃ Strong Support at $0.414 - $0.420 ๐
๐น WIF has bounced from $0.414, showing buying interest at support.
๐น If price stays above $0.425, expect further upside toward $0.440 - $0.450.
2๏ธโฃ Higher Lows & Bullish Structure ๐
๐น WIF is forming higher lows, signaling bullish momentum.
๐น A breakout above $0.447 could push the price toward $0.470 - $0.500.
3๏ธโฃ Increasing Volume, Bulls Taking Control ๐จ
๐น 24H Volume: 27.58M USDT โ Buyers are stepping in.
๐น If WIF holds above $0.425, further upside is likely.
4๏ธโฃ Key Resistance at $0.447 - $0.450 ๐ง
๐น A breakout above $0.447 will confirm further bullish movement.
๐น Watch for a strong bullish candle with volume for confirmation.
๐ Short-Term Trade Setup (15m - 1h - 4h) ๐
๐น Long Entry: $0.425 - $0.430 (On pullbacks)
๐ฏ Targets: $0.440, $0.450, and $0.470
๐ Stop Loss: $0.410 (Below key support)
๐ธ Breakout Confirmation:
โ
If $0.447 breaks, expect a move toward $0.470 - $0.500.
โ
If WIF falls below $0.414, consider exiting longs.
โ ๏ธ Risk Management:
๐ธ Keep SL tight below $0.410 to minimize risk.
๐ธ Watch volume & price action for bullish continuation confirmation.
๐ Overall Bias: Bullish (As long as $0.425 holds as support)
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