WIF/USDT Technical Analysis: Key Levels & Targets 🎯
📊 Current Price: $2.35 (+19.27% in 24 hours)
WIF has experienced a notable surge over the past 24 hours, reflecting strong bullish momentum. As the price rises, it's crucial to keep an eye on key price levels for potential opportunities and risk zones.
Key Levels to Watch 🔑:
1. Target 1: $2.437 (24h High)
Rationale: The immediate resistance level is at $2.437, which marks the highest price reached in the past 24 hours. A breakout above this level could signal a continuation of the bullish trend, opening the door for further upside.
2. Target 2: $2.465 (Market Depth Resistance)
Rationale: Market depth shows strong resistance at $2.465. If WIF manages to push through this level, it could accelerate toward the next resistance zone. A clean breakout above $2.465 would confirm the strength of the current bullish movement.
3. Target 3: $2.087 (SAR Indicator)
Rationale: The SAR (Stop and Reverse) indicator at $2.087 marks a crucial support level. If WIF drops below this value, it could signal the end of the current bullish trend and a possible reversal. Traders should watch for any price action around this level to assess potential risk.
