$WIF is showing signs of consolidation around the $1.55-$1.65 range after a recent bullish push of 1.72% over the past day. The trading volume has surged 27.48%, reaching $558.79M, which indicates active interest in the asset. The current volume-to-market cap ratio of 34.64% suggests strong liquidity, making it suitable for scalping.

The consolidation range is evident, with support around $1.50 and resistance near $1.64. For a long position, entering slightly above support could capitalize on a potential rebound. Conversely, a short position near the $1.63-$1.65 resistance zone may benefit from a pullback to support levels.

🥂Trade Here👇$WIF

WIFUSDT

Perp

1.6213

+2.94%

🚨 Note: Trade at your own risk. DYOR.

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