$WIF has shown a strong recovery with a 43% increase after hitting a low of $1.44. However, for a more substantial and healthier upward movement, it needs to break the resistance at $2.20, which it has not been able to surpass, currently hovering around $2.17. A correction to around $1.70 or possibly lower could be on the horizon, which is a normal part of market fluctuations as prices do not move in a straight line. However, it’s crucial that WIF does not break its latest major support level.
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