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Market Direction

WIF Market Direction

Published: May 9, 2025

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Cryptonary’s Take

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Next Support: $0.718
Next Resistance: $0.783
Direction: Bearish
Upside Target: $0.8425
Downside Target: $0.5903

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WIF looks exhausted after its recent move, with momentum clearly fading beneath local resistance. While bulls may attempt to hold price up, the structure leans slightly bearish over the coming days. A move back to $0.718 support is expected, and if that fails to hold, $0.5903 becomes the next target. Patience is key — the easy upside appears done for now..

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