$WIF Chart Analysis

The $1.40 -$1.48 seems to be a strong support zone for $WIF on the 1wk, 1D, 1H, 15min and 5min charts as at the time of this post. The 1wk and 1D chart also shows a fallen wedge with the Williams%R indicator clearly indicating oversold conditions.

Scenario 1: If the $1.40 -$1.48 support zone holds, there could be a nice breakout in the coming days.

Scenario 2: If the $1.4 support zone is broken, price could drop to $1.3 levels before either a sideways move or recovery.

Note: This is not financial advice. #Dyor2024

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