🟡 $WIF: Price Analysis Update 🟡
Brief Background:
Price action on the 4-hour chart is very neutral. $WIF is indecisive and currently in neutral territory on the daily chart.
-Support: $0.920
-Resistance: $1.080
Currently in high risk buy zone.
Observations:
Price action hints at a possible bearish breakout targeting the lower golden pocket area around $0.840 to $0.830 📉
Magnetic Levels:
Weekly SSB at $0.810 which could be a daily bottom and potential reversal zone!
🔴My Bullish Bias: Neutral → Slightly Bearish 📉
Watch for dips, but also watch for daily uptrends, could present a buying opportunity if support holds.
#WIF #MEME