:

“$WIF just triggered $2.1 K in short liquidation at $0.3846! Could this spark a bounce — or is the downtrend only beginning?”

Technical outlook:

Critical support zone seen historically around ~$0.35–$0.30 (recent lows).

Immediate resistance to flip into support: roughly $1.00–$1.05, but that’s a huge gap from current price.

If $WIF recovers strongly and breaks resistance: potential long‑term target could be $2.00–$3.00 (but that’s highly speculative and relies on strong market momentum).

Quick verdict: WIF is in risky waters — only a strong bounce off support or major positive catalyst could send it higher. Otherwise, downside remains significant.

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