12.26 Evening Market Overview
WIF, as the golden dog MEME on the SOL chain, ultimately did not escape the misfortune of this round of adjustment, directly halving and then halving again. Those who chased high prices are probably now feeling the cold wind at the peak, which is quite uncomfortable; however, please be patient, and in at most one month of suffering, we will meet again at the peak!
WIF is my heavily invested MEME, and I am very optimistic about it; I entered the spot market at 1.08, doubled my principal, and profits have been rolling in; I have also successfully executed dozens of short-term trades in this bull market; then, WIF got listed on Coinbase, and the journey has been very smooth without any twists; now we are at the lowest valley period, which is not just about WIF, but a healthy and normal adjustment caused by the overall market conditions, so please don't worry. I believe and firmly trust that WIF will give us a brighter tomorrow.
WIF is currently oscillating within a descending triangle channel, and it needs a big bullish candle to stabilize at 2.2 to initiate a rebound. If it falls below the previous low of 1.72, it is safe to increase positions; current resistance levels are 2.054 and 2.258, while support levels are 1.838 and 1.725.
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