🔸 WIF/USDT – Key Resistance Test Ahead | Master Trade Analysis 🔸
Overview:
$WIF is trading at $0.455, down -2.36%, with a 24h high of $0.477 and a low of $0.428. On the 15M timeframe, WIF is consolidating just below the $0.460 resistance, after bouncing from $0.434 support.
Technical Analysis:
🔹 Bollinger Bands: Price is near the mid-band ($0.451), with upper resistance at $0.462.
🔹 RSI (6): 54.46, showing mild bullish momentum but no overbought signals yet.
🔹 MACD: DIF 0.001, DEA 0.001, MACD 0.000—neutral momentum, awaiting confirmation.
🔹 Volume: 629.45M, indicating moderate trading activity.
🔹 MA (5 & 10): 5-MA ($944.27M) above 10-MA ($902.11M)—short-term strength.
🔹 OBV: -85.89M, showing ongoing distribution but flattening out.
🔹 Stochastic (K/D/J): K: 64.4, D: 65.8, J: 61.7—suggesting potential price movement if momentum increases.
Trade Strategy:
🔹 Support Zone: $0.440 - $0.448, with key support at $0.434.
🔹 Resistance Levels: $0.460, followed by $0.463 - $0.471.
🔹 Stop-Loss Placement: Below $0.440 for risk control.
🔥 Master Trade Setup 🔥
✅ Scalping: Buy $0.448, target $0.460, SL $0.444.
✅ Swing Trade: Buy $0.446, target $0.471 - $0.478, SL $0.438.
⚠️ Breakout Watch: If WIF clears $0.463, expect a push toward $0.471+.
🛡️ Risk Management:
🔹 Capital Allocation: Risk only 2-5% per trade.
🔹 Stop-Loss Discipline: Essential due to potential resistance rejection.
🔹 Risk-to-Reward Ratio: Aim for 1:2+ setups.
🔹 Market Conditions: A close above $0.463 would confirm bullish continuation.
💬 Can
$WIF break above $0.460 for a bullish continuation? Share your thoughts!
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🔹 Data source: Binance
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