Technical analysis by CryptoAnalystSignal about Symbol WIF: Buy recommendation (5/25/2025)

#WIFThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a rebound from the lower boundary of the descending channel, which is support at 1.06.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 1.068First target: 1.115Second target: 1.157Third target: 1.211