WIF/USDT Analysis - 4H Chart
The asset is in a sideways movement after a strong downtrend and is now close to the resistance in the Fibonacci 0.5 zone ($2.89), with an important barrier marked by the red line at $3.10, the region of greatest volume in the VPVR.
The EMAs (exponential moving averages) indicate that the asset is trying to consolidate a recovery, but the volume is still low, which may limit the continuation of the rise.
📉 Support zones in case of rejection:
$2.32 (near the EMA200).
$2.10 (nearest support on the chart).
$2.09 (support region visible in the VPVR).
📈 Bullish scenario:
If the price manages to break the resistance of $3.10, the next region of interest will be $3.54 (Fibo 0.786), opening space for a more significant recovery.
The RSI and Stochastic show that there is room for further upward movement, but it will be essential to monitor the volume to confirm any breakout.
