$WIF โ 1H ๐
WIF just woke upโฆ but is this pullback actually the setup?
The chart has shifted nicely bullish after breaking out of a long consolidation around 0.20โ0.21. Price pushed to 0.2506 and is now cooling near 0.2397, while the Supertrend remains green at 0.2247.
Key levels:
โข Resistance: 0.2506 โ 0.2535
โข Support: 0.2286 โ 0.2247
โข Deeper support: 0.2161
๐ข Long idea: 0.228โ0.233 on a clean retest
๐ SL: 0.222
๐ฏ TP: 0.2506 โ 0.260 โ 0.275
The move is already strong, so Iโd rather see WIF hold 0.228โ0.233 than chase 0.239+. The order book is slightly bid-heavy at 53.3%, which is constructive, but confirmation still matters.
A clean 1H close above 0.2506 would put the breakout back in focus. Recent daily data also confirms WIF has been recovering from the mid-$0.18s into the low-$0.20s before this latest push.
Bias: bullish while 0.2247 holds.
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WIF just woke upโฆ but is this pullback actually the setup?
The chart has shifted nicely bullish after breaking out of a long consolidation around 0.20โ0.21. Price pushed to 0.2506 and is now cooling near 0.2397, while the Supertrend remains green at 0.2247.
Key levels:
โข Resistance: 0.2506 โ 0.2535
โข Support: 0.2286 โ 0.2247
โข Deeper support: 0.2161
๐ข Long idea: 0.228โ0.233 on a clean retest
๐ SL: 0.222
๐ฏ TP: 0.2506 โ 0.260 โ 0.275
The move is already strong, so Iโd rather see WIF hold 0.228โ0.233 than chase 0.239+. The order book is slightly bid-heavy at 53.3%, which is constructive, but confirmation still matters.
A clean 1H close above 0.2506 would put the breakout back in focus. Recent daily data also confirms WIF has been recovering from the mid-$0.18s into the low-$0.20s before this latest push.
Bias: bullish while 0.2247 holds.
#Write2Earn
