WIF / TetherUS

Keep a close eye on WIFUSDT💎

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💎 Paradisers, #WIF has broken out of the descending channel by forming a 'W' pattern and has displayed a Change of Character (CHoCH) towards a bullish market structure.

💎 If #WIFUSDT successfully breaks above the resistance area, we can anticipate a bullish move. However, a pullback from here is highly probable as the price may need to gather liquidity before advancing.

💎 We can expect a bounce from the bullish Order Block (OB) plus the Demand Zone. For this scenario, confirmation of bullish signs is necessary.

💎 Should the price fall below these levels, it would be considered bearish for #WIF. In that case, my advice would be to refrain from trading it, as the conditions suggest waiting for clearer signals or better market behavior.

Penafian

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