#WIF/USDT Technical Analysis of WIF/USDT with Trend Prediction

Trend

- **Moving Average (MA)**:

- MA(7): 2.8603 USD

- MA(25): 2.8284 USD

- MA(99): 2.7797 USD

The current price of WIF is 2.8782 USD, above all three MA lines, indicating a strong uptrend. MA(7) and MA(25) are pointing up, reflecting a short-term uptrend. MA(99) shows a long-term uptrend.

Resistance and Support (Resistance and Support)

- Resistance level

- The nearest resistance level is 2.9382 USD. If the price breaks above this level, it is likely to continue rising towards higher resistance levels, like $3,0000.

- Support level

- The nearest support level is 2.8501 USD. If the price falls below this level, the next support will be around $2,8000.

Candlestick Analysis

- Recent candles show a bullish trend after hitting the support level around 2.6600 USD.

- Long red candles appearing after long green candles indicate that there is a bit of selling pressure, but the quick recovery from support shows that buying pressure remains strong.

Predict Trends in the Next 12 Hours

- Short-term Uptrend:

- With strong support from trading volume and MA lines, it is predicted that in the next 12 hours, WIF is likely to continue to increase in price. If the price breaks above the resistance at $2.9382, the uptrend could resume with the next target at $3.0000.

- Adjustment Scenario:

- In case of a correction, the price could retest the support level of 2.8501 USD. However, given the trading volume and current trend, the possibility of a recovery from this support level is high.

Conclude

Through analysis, we see that there will be an increasing trend, but we also need to observe #btc because it affects WIF. Good luck $WIF $BTC