WIF/USDT: Unleashing the power of Web3 finance 💻

The $WIF/USDT chart shows an intriguing price movement with potential opportunities for both bulls and bears. Let's delve into the key levels and scenarios:

Current price: $2.9719

Limited range movement 🏹:

If the price remains trapped within the following range, traders could take advantage of swing trading:

- Minimum range: $2.9031 (recent support)

- Maximum range: $3.2800 (recent resistance)

Key levels within this range:

- $3.0942 (middle of range)

- $3.1809 (EMA)

Bullish breakout potential 🚀:

A decisive close above $3.2800 could trigger a bullish rally, with potential targets at:

- $3.3500 (psychological level)

- $3.4200 (Fibonacci extension)

- $3.5000 (important resistance)

For bullish entries, traders could consider buying:

- $3.1809 (EMA level) with a stop loss below $2.9031

- $3.2800 (breakout level) with a stop-loss below $3.0942

Bearish Breakout Scenario 🐻:

A sustained drop below $2.9031 could trigger a sell-off, with possible support zones at:

- $2.8420 (RSI level)

- $2.8000 (psychological level)

- $2.7500 (Fibonacci retracement)

For bearish entries, traders could consider selling around:

- $2.9031 (breakout level) with a stop-loss above $3.2800

- $2.9600 (recent resistance) with a stop loss above $3.1809

Remember, proper risk management is crucial. Set appropriate loss limits and trade with caution. 🛡️