Technical analysis by Jack-Mastermind about Symbol WIF: Buy recommendation (7/4/2025)

The market structure on the 3H timeframe is showing strong signs of a bullish breakout from a long-standing descending trendline and ascending channel formation.Key Observations:Price has broken out of the consolidation zone and is now retesting the breakout area near the $0.79–$0.80 support zone.This level has acted as a key demand zone multiple times — a strong foundation for a possible continuation. If price holds above this zone, we may see bullish momentum toward:1st Target : $1.002302nd Target: $1.07882Major Resistance: $1.20578If price fails to hold, we could revisit the $0.71552 support before making another attempt upward.Possible Scenarios:1. Pullback ➡ Retest ➡ Breakout2. Deeper correction ➡ Strong rebound from support 🛡Conclusion: This setup provides a great R:R opportunity with clear invalidation below the $0.715 area. Traders should monitor price action around the breakout zone and look for confirmation before entry.Stay patient — the market rewards those who wait for the perfect setup!