🐶WIF/USDT🐶

✔️ $WIF , which is expected to be one of the star memecoins of the upcoming bull rally, has made a new ATH and local peak with its impressive rise in recent days. Currently, like many other crypto assets, it is in a falling trend and continues to look for buyers in lower regions. When we examine the WIF chart on the 2-hour time frame, we see that both the price and the RSI value are at a level that can serve as support.

✔️ Although the current levels are a good buying place for WIF under normal circumstances, the falling trend in the general crypto market and especially the BTC chart shows us that the price may go even lower. If such a situation occurs, the first main support will be $3.30 levels and the second most important support zone will be $3.00, which is the psychological limit. If the price wants to go up from here, it will first try to break the falling trend and if it is successful, I think the price will target the liquidity in the resistance zones.

✔️ Even though I think WIF is a speculative coin, BTC and especially #TOTAL charts will show us where the price can go in the coming days. Additionally, since WIF is a relatively newly listed coin on Binance, I think it would be more useful for us investors to look for confirmation on LTF charts.

✔️ We must decide and be more careful knowing that WIF is a #memecoin‬⁩ . Risk management and gradual purchasing are very important in this type of coins❗

❗️ What I write here is my own opinion and is not investment advice. #dyor