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WIF / TetherUS

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WIFUSDT trade ideas

WIF goes sleep on a 4-Hour TimeframeKey Support and Resistance Levels - Immediate Support : The immediate support level is around 2.9156, which aligns with the lower boundary of the upward channel. - Immediate Resistance : The immediate resistance is near 3.1687. - Major Resistance : The major resistance level is identified at 3.4438, which is the upper boundary of the upward channel. - Major Support : Below the immediate support, another significant support level is around 2.7784, with a further key level at 2.4577. Price Targets - Bullish Scenario : If the price continues to follow the upward channel: The first target is the resistance at 3.1687. If it breaks this level, the next target is 3.4438. Bearish Scenario : If the price fails to maintain the upward channel: The first downside target is 2.9156 (lower channel boundary). A further breakdown could lead to a test of the 2.7784 level. Further decline may find support at 2.4577.
Short
by Z4F4R
WIF HTF Bullish Idea WIF has been a phenomenal play in the meme world post Oct 2023. It has seen a massive surge in price and has moved up almost 7000% since Jan 2024. As of now price has been moving in a range since March and has posted an ATH at 4.8$. From the chart, we can see clearly price has see an impactful move after sweeping RL of 1.95$ and has reclaimed back again after a sweep. We can also figure out another Range formation and a LTF RL at 2.248 level I believe we will sweep these lows and a quick reclaim triggers a Swing Long position for a move towards previous ATH and RH at 4.8-5$. Remember put in proper risk management before going for any trade!
Long
by CooperTrades521
Dogwifhat Tumbles 12% On Multiple FactorsDogwifhat ( CRYPTOCAP:WIF ), a dog-themed meme coin, has experienced a significant drop in price due to various factors. The price tumbled over 12% in the last 24 hours, with the current trading price at $2.58. The decline in the crypto market is attributed to meme coins such as CRYPTOCAP:WIF , BOME, PEPE, and FLOKI. Whales and traders are selling Dogwifhat ( CRYPTOCAP:WIF ) to book profits early as GameStop and AMC Theatres prices tumbled after a recent FOMO for upside. GameStop price fell after a spectacular rally last week, dropping more than 20% today after hitting a 52-week high of $64.83. A whale sold 732,481 CRYPTOCAP:WIF worth $1.85 million, purchasing the CRYPTOCAP:WIF holdings for $2.18 million but selling them at a loss. Other whales have also reflected the same sentiment to offload their holdings in $WIF. Crypto analysts have pointed out $2.5 as the crucial support level to watch, with the next drop around $1.6 if CRYPTOCAP:WIF loses this level. The meme coin hype was triggered by GameStop's rally, and as the NYSE:GME price fell, so did the meme coins including BOME, PEPE, and FLOKI prices. Derivatives traders have not started selling CRYPTOCAP:WIF , and the CRYPTOCAP:WIF exchange futures open interest rose nearly 5% in the past 24 hours. High confidence in derivatives traders could drive market action next week, with traders likely to crash CRYPTOCAP:WIF next week if the crucial support is broken. Technical Outlook Dogwifhat ( CRYPTOCAP:WIF ) token is down 8.8% as of the time of writing trading within the oversold region with the Relative Strength Index (RSI) sitting at 31.16. Technical indicators like the Moving Averages (MA), and Moving Average convergence Divergence (MACD) posit a bearish trend looming ahead for $WIF.
by DEXWireNews
2
WIF/USDT | 1W 👀You can slowly add to the portfolio. I haven't set any limit orders myself, so I'm taking from the current ones, as I believe the correction is already sufficient in proportion to the impulse. Also, I'll note a very strong support level. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of dogwifhat. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #WIF #Investment #dogwifhat 
by Nyskohuz