Crypto
WIF Price Hinges on Breakout at $0.26 Amid Shaky Momentum
The price of WIF is facing resistance at $0.26, with smart money holding a 62.5% long bias.
The MACD and declining open interest are putting pressure on the breakout attempt.
The derivatives data shows top traders are leaning long, but retail investors are also positioning themselves for a potential gain.
A close above $0.26 with volume exceeding $6-7 million in Binance spot would be the green light for bulls to target $0.27 and potentially $0.30-$0.32 within the month.