$WIF Spot
Current price 2.2 can start to take a light position. If there is a slight pullback, consider adding to the position in the 2.1-2.0 range.
WIF has shown signs of stopping the decline near 2.2, currently in the early stage of a small rebound, with sufficient short-term momentum. It has tested support multiple times without breaking, and the bottom rebound is strong, expected to continue the upward trend. As market funds warm up, especially with the increase in popularity of SOL ecosystem-related projects, WIF, as a project within the ecosystem, has clear rebound expectations.
The expected increase is 20%+, with a short-term target looking towards the 2.6-2.8 range.
If the market continues to gain momentum, there is a chance to break through previous highs, opening up more space.
If it falls below 2.0, a stop-loss must be executed to avoid further losses, controlling the total position ratio to mitigate the risk of significant drawdown caused by market fluctuations.
