$WIF/USDT Technical Analysis:
The daily trend for $WIF/USDT remains bearish. However, the 4-hour chart is currently ranging, showing early signs of a potential turn.
The 1-hour chart appears coiled for a bounce. While price is below its EMA50, the EMA50 is above the EMA200, suggesting a stronger short-term structure. The 1H RSI is deeply oversold at 31, signaling a potential reversal. 📈
For a confirmed long entry, watch for the 15-minute RSI to cross above 50. This will confirm a positive shift in momentum. Enter long on this breakout for a swift move towards the initial target.
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**Actionable Long Setup:**
Entry: 0.379062 – 0.384546
TP1: 0.392771
TP2: 0.403738
TP3: 0.414705
SL: 0.370837 🛑
