$WIF /USDT Technical Analysis Report
Current Price: $2.488
24h Change: +3.15%
24h High: $2.602
24h Low: $2.330
Volume:
$WIF : 57.42M
USDT: 141.89M
Market Overview
$WIF is currently trading at $2.488 after gaining 3.15% over the last 24 hours. The price has moved between $2.330 and $2.602, reflecting a strong upward momentum in the short term. However, the price is showing signs of consolidation after reaching the 24h high, indicating a potential pause or retracement before the next move.
Key Levels to Watch
Support Levels:
Immediate Support: $2.460 – This level is providing immediate support where price action has stabilized. A break below this could lead to further retracement.
Critical Support: $2.330 – The 24h low and a major support zone. If the price breaks below this, expect more downside.
Resistance Levels:
Immediate Resistance: $2.520 – Price has tested this level several times, but buyers need to push through to continue the upward trend.
Key Resistance: $2.602 – The 24h high and the next major resistance point. A break above this level could lead to significant gains.
Long Trade Setup
Entry: $2.488 to $2.500 (current price zone)
Target: $2.602 (24h high)
Stop Loss: Below $2.460
Entry: $2.520 to $2.560 (near the resistance zone)
Target: $2.460 (support zone)
Stop Loss: Above $2.602
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