$WIF long liquidation near 0.317 clearing 1.5318K

The drop was quick and emotional flushing late longs out

Momentum is slowing after the hit which often signals selling pressure is fading

Support 0.300 – 0.308

Resistance 0.330 – 0.348

Entry 0.308 – 0.320

TG 0.330 then 0.348

Stop loss 0.292

After leverage resets calm price action often sets the next move

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$WIF

WIF
WIF
0.408
-0.97%