1h TF. #WIF The price has reached an important demand zone in the range of 0.3570-0.3720 USDT. A liquidity zone and a 4H FVG zone have formed here.
We are observing a strong reaction from buyers and an increase in volumes. This indicates the potential for a trend reversal.
The presence of CHoCH and the subsequent BOS confirms the change in structure from bearish to bullish. Support is located in the area of 0.3660-0.3575 USDT. Previously, it served as a holding level, which strengthens the arguments for opening a long position.
Take profits are indicated at the following levels:
- TP1: 0.3888 USDT — local resistance.
- TP2: 0.4182 USDT — liquidity area and possible reversal.
- TP3: 0.4546 USDT — long-term target in a strong resistance zone.
Open the trade 👇$WIF

WIFUSDT
Perp
0.3464
-7.40%