Over the past four hours, the WIF/USDT trading pair has displayed notable volatility, presenting opportunities and challenges for traders. The session began with a bullish uptrend as WIF experienced increased buying pressure. This upward movement was influenced by positive market sentiment and favorable conditions in the cryptocurrency market, allowing WIF to break through key resistance levels.However, as WIF/USDT approached a significant peak, profit-taking activities initiated a pullback. This selling pressure caused the price to retrace back to a crucial support level. Despite the temporary decline, the support held firm, preventing further downside and stabilizing the price within a new consolidation range.
