🔴 $WIF ANALYSIS 🔴
WIF has reached the bottom of the Fibonacci retracement levels, suggesting a potential reversal point.
Price Target: The immediate price target is set at 2.2 USDT, indicating an upward movement expectation.
Market Caution: The term “catching a falling knife” implies high risk; tight stop-loss is advised to manage this risk effectively.
Bitcoin Influence: A close watch on Bitcoin’s price is crucial, especially if it drops below 60.4k, which may impact WIF’s trajectory.
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