WIF/USDT) | Major Breakout Setup in Play!

The market structure on the 3H timeframe is showing strong signs of a bullish breakout from a long-standing descending trendline and ascending channel formation.

Key Observations:
Price has broken out of the consolidation zone and is now retesting the breakout area near the $0.79–$0.80 support zone.

This level has acted as a key demand zone multiple times — a strong foundation for a possible continuation.
If price holds above this zone, we may see bullish momentum toward:

1st Target : $1.00230
2nd Target: $1.07882
Major Resistance: $1.20578

If price fails to hold, we could revisit the $0.71552 support before making another attempt upward.
Possible Scenarios:
1. Pullback ➡ Retest ➡ Breakout

2. Deeper correction ➡ Strong rebound from support 🛡
Conclusion: This setup provides a great R:R opportunity with clear invalidation below the $0.715 area. Traders should monitor price action around the breakout zone and look for confirmation before entry.

Stay patient — the market rewards those who wait for the perfect setup!