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Today’s report will also include:

• Updated Technical Analysis

• Other key market developments

• Market Psychology

• Trading Tools

WIFUSDT Long Trade 📈 

In today’s analysis -WIFUSDT - correcting from a strong bullish expansion, confirming a S/R Flip retest at key support will allow for a long trade.

Points to consider ✍️ 

• Value Area High S/R Support

• Declining Volume

• .618 Fibonacci Support

• Daily S/R Support

• Swing High Objective

The immediate price action is correcting, it is trading towards a region of technical confluence, that being the .618 Fibonacci, Daily S/R Support and Value Area High.

Confirming a bullish retest at this region of needs to be backed with increasing volume, the current volume profile has declined visibly below average.

Overall, in from Bitcoin Insider’s perspective, WIFUSDT is a valid long with defined risk, price action it to be used upon discretion/ management. ✍️ 

Hope this analysis helps.

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Trading Psychology  🧠 

Bitcoin Insider bouncing back to work, See you in the next one! 👊