$WIFUSDT Set for Takeoff - Memecoin Momentum Building!BINANCE:WIFUSDT has taken a small correction after hitting resistance, but it’s now poised for an upward move. As a memecoin on the Solana blockchain, BINANCE:WIFUSDT is positioned well to capitalize on the current trend in the memecoin market. With growing interest and momentum, we can expect a boost in price soon. Keep an eye on this one for potential gains!
BINANCE:WIFUSDT Currently trading at $2.6
Buy level: Above $2.45
Stop loss: Below $1.95
TP1: $2.9
TP2: $3.5
TP3: $4
TP4: $5.5
Max Leverage 3x
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Wifusdsignals
WIFUSD is breaking above its 6-month Channel Down and targets 75Dogwifhat (WIFUSD) closed last week above the 1D MA200 (orange trend-line) for the first time since the week of July 22 and hit the top of its 6-month Channel Down. On the long-term cyclical outlook, this Channel Down can technically turn out to be nothing but a Bull Flag in the continuation scale of the Bull Cycle.
If this week's 1W candle manages to close above the Channel Down/ Bull Flag, we expect at least another +6842% rise, similar to its first one, and target $75.000.
The 1W RSI and MACD both support this bullish scenario as the first already broke above its MA line on September 16, while the 1W MACD just completed a Bullish Cross, its first ever.
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Is WIFUSDT About to Make a Major Move? Yello, Paradisers! Are we about to witness a decisive move in #WIFUSDT? The pair has shown impressive strength recently, consistently making higher highs and higher lows. But as always, the market is at a critical juncture. Let's break down the key levels to watch.
💎#WIFUSDT has returned to a crucial demand zone after a Change of Character (ChoCh). The pair is currently sitting at the 0.66 Fibonacci support level, around 1.368, which coincides with the 4-hour demand zone between 1.45 and 1.35. This confluence of support levels increases the likelihood of a potential bounce. However, the reaction here is essential—volume will play a significant role in determining the next move.
💎If the pair respects this support, we can expect it to face minor resistance at 1.626, with more substantial resistance waiting at 1.771. But if the price breaks below this support zone, there's a bullish order block around 1.260 that could come into play as the next line of defense.
💎The key to navigating this setup is to carefully monitor the market's reaction at these critical levels. A strong volume surge could propel WIFUSDT toward its resistance zones. However, if the price loses the Fibonacci support and closes below the bullish order block, we may see a continuation of the downtrend.
Stay sharp and be prepared Paradisers to adapt to the market's movements. Consistent success in trading comes from patience, discipline, and a clear strategy.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
WIFUSD The frenzy is approaching a technical Resistance.Dogwifhat (WIFUSD) has been the revelation of the last 3 weeks as during that time it grew by more than +1000%. This rally is mostly euphoria driven and the frenzy may very well push even higher. But we can't neglect the technical Resistance levels along the way.
The strongest of them is the top (Higher Highs trend-line) of the Channel Up pattern since it first started trading. The 1D MACD formed a Bearish into Bullish Cross pattern and last time we saw this was on January 25 2024, when the price started pulling back. In that sense, a short-term correction back to the 1D MA50 (blue trend-line) and Support 1 (1.01500) is a realistic scenario if the market is to find new buyers.
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