CRYPTONIC

$WIF Approaches Intraday Supply Zone Before Expected Bearish Continuation

$WIF is trading at 0.1663 on the 30‑minute timeframe and is currently showing a clean intraday retracement structure. The chart highlights a well‑defined supply zone between 0.1700 and 0.1710, where previous selling pressure originated. Price has not yet tapped this zone, meaning the bearish continuation setup is still developing.

The projected path on the chart shows an expected move upward into this supply region before sellers potentially regain control. The downward arrow toward the 0.1610 target reflects the anticipated continuation once the premium zone is mitigated. As long as price remains below the supply area, the overall bias stays bearish.

Traders should watch for rejection signals once WIF enters the 0.1700–0.1710 zone, as this may trigger the next impulsive move downward.

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