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Technical analysis by CryptoNuclear about Symbol WIF: Buy recommendation (9/1/2025)

https://sahmeto.com/message/3746563
CryptoNuclear
CryptoNuclear
Rank: 2347
2.2
Buy،Technical،CryptoNuclear

Currently, WIFUSDT is trading around 0.7605 and retesting the major demand zone (~0.62 – 0.78) — a level that previously acted as strong resistance before flipping into support. The price action here will determine the medium-term direction: Either a bullish reversal fueled by accumulation, Or a bearish continuation if this zone fails. --- 🔎 Market Structure & Pattern 1. Macro Trend: From late 2024 to early 2025, WIF faced a strong downtrend. A sharp rebound in March–May 2025 pushed the market into a consolidation range. Since then, the chart has been forming lower highs, showing persistent selling pressure. 2. Critical Flip Zone (0.62 – 0.78): Previously acted as heavy resistance. Flipped into support after a breakout in May. Now being retested as a decisive level. 3. Potential Reversal Formation: Holding this zone may form a double bottom / base pattern → bullish setup. Losing this zone could trigger a continuation breakdown toward new lows. --- 🟢 Bullish Scenario Confirmation: Daily close above 0.75–0.78 with a strong bullish candle. Upside targets: 1.0251 → nearest resistance. 1.2008 → major consolidation area. 1.8468 – 2.1772 → mid-term resistance levels. Ideal setup: Retest & bounce with rising volume, forming a higher low. --- 🔴 Bearish Scenario Confirmation: Daily close below 0.62 with strong follow-through. Downside targets: 0.50 → psychological level & minor demand. 0.3040 → major low from the chart. Ideal setup: Breakdown → retest of yellow zone as resistance → rejection → continuation downtrend. --- ⚖️ Key Notes The yellow zone (0.62 – 0.78) is the decision zone for WIF. Breakout or breakdown here will likely trigger strong momentum. Aggressive traders: may enter inside the zone with a tight SL below 0.62. Conservative traders: wait for a daily close confirmation with volume. Always use risk management — WIF is highly volatile. --- ✍️ Conclusion WIFUSDT is at a strategic turning point: Holding above support could trigger a bullish reversal toward 1.02 → 1.20. Losing this zone could open the door to deeper downside toward 0.40 – 0.30. The next daily close will be crucial for validating direction. #wifusdt #dogwifhat #cryptoanalysis #altcoins #supportresistance #demandzone #bullishscenario #bearishscenario #cryptotraders #priceaction #technicalanalysis

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.76484
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