The Trust Layer for Market Analysts

The analysis is on the WIF/USDT pair, using a 4-hour chart. The analyst is tentatively bullish, suggesting that as long as the price holds above $0.74, there is a potential for a 1-2 setup that could lead to a target of $2.00 or higher. However, a break below $0.74 could trigger a drop to $0.42, with probabilities increasing for such a move. The analyst notes the current market structure is complex and messy, and is trading in a sideways range and has to see evidence that the correction is over. The analysis considers the decline as potentially a five-wave movement, suggesting a flat structure is forming.