š $WIF /USDT: Range-Bound or Breakout Incoming? šš„
WIF is currently trading at $0.667, reflecting a 7.06% gain in the past 24 hours. Despite some volatility, the price is consolidating within a tight range. Will we see a breakout or a rejection at key levels?
š Key Levels to Watch:
š¹ Resistance: $0.690 - $0.700 ā A breakout above could send WIF soaring.
š¹ Support: $0.650 - $0.620 ā A breakdown below could trigger a bearish move.
šÆ Trade Setup:
ā Bullish Strategy:
Entry: Buy on a breakout above $0.690 with volume confirmation.
Target 1: $0.720
Target 2: $0.750+
Stop Loss: Below $0.650
ā Bearish Scenario:
If price fails to break $0.690, expect a pullback towards $0.650.
Short Entry: Below $0.660
Stop Loss: Above $0.690
š Market Outlook:
Sideways movement indicates accumulation.
Breakout potential is increasing.
A strong push above $0.690 can open the door for a rally.
š„ Is WIF gearing up for a major move? Drop your thoughts below! šš
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