WIF / TetherUS
Long

WIF/USDT Technical Update

399
WIFUSDT has successfully broken out of the falling wedge 📉➡️📈 and has already completed a clean retest of the breakout zone ✅.

Currently price action is forming a potential ABC corrective wave structure (Elliott Wave count), with:

🅰️ Wave (A) aiming toward the 0.84–0.85 resistance zone

🅱️ Wave (B) likely testing support around the breakout area (~0.80)

🅾️ Wave (C) targeting the major resistance zone at 0.93–0.94

Key confluences:
✨ Bullish market structure shift after wedge breakout
✨ Support-turned-resistance flip successfully tested
✨ Momentum favors the upside if BTC continues bullish momentum 🟢

📌 Watch out for BTC’s move — if BTC pumps, WIF has a high probability to continue rallying toward 0.93–0.94 🎯

⚠️ Invalid below 0.78 support zone

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