$WIF â 1H đ
WIF just woke up⊠but is this pullback actually the setup?
The chart has shifted nicely bullish after breaking out of a long consolidation around 0.20â0.21. Price pushed to 0.2506 and is now cooling near 0.2397, while the Supertrend remains green at 0.2247.
Key levels:
âą Resistance: 0.2506 â 0.2535
âą Support: 0.2286 â 0.2247
âą Deeper support: 0.2161
đą Long idea: 0.228â0.233 on a clean retest
đ SL: 0.222
đŻ TP: 0.2506 â 0.260 â 0.275
The move is already strong, so Iâd rather see WIF hold 0.228â0.233 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.
#WIF
WIF just woke up⊠but is this pullback actually the setup?
The chart has shifted nicely bullish after breaking out of a long consolidation around 0.20â0.21. Price pushed to 0.2506 and is now cooling near 0.2397, while the Supertrend remains green at 0.2247.
Key levels:
âą Resistance: 0.2506 â 0.2535
âą Support: 0.2286 â 0.2247
âą Deeper support: 0.2161
đą Long idea: 0.228â0.233 on a clean retest
đ SL: 0.222
đŻ TP: 0.2506 â 0.260 â 0.275
The move is already strong, so Iâd rather see WIF hold 0.228â0.233 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.
#WIF
