$WIF

Moving Average (MA):

The 200 SMA is currently at 2.495, which acts as a key resistance level. The price remains below the 200 SMA, indicating a bearish trend.

Volume Weighted Average Price (VWAP):

VWAP isn’t shown here, but volume analysis reflects average trading activity, with slight dips in momentum.

Relative Strength Index (RSI):

RSI is at 45.37, suggesting neutral to slightly bearish momentum. The indicator is below the 50 mark, hinting at limited buying strength.

Moving Average Convergence Divergence (MACD):

The MACD shows a signal line crossover, with the MACD line (0.029) above the signal line (0.017), but the histogram momentum appears to weaken, indicating potential volatility ahead.

Support and Resistance Levels:

Support: The nearest support level is around 2.40 - 2.42. This range could provide some buying interest.Resistance:

Key resistance lies near the 2.50 - 2.52 zone, aligning with the 200 SMA. A break above this could shift the momentum.

Bullish Scenario:

For a bullish outlook, a break above the 2.50 resistance, coupled with increased buying volume, could signal a reversal attempt, aiming for the next resistance level near 2.60.

Bearish Scenario:

A failure to hold above 2.45 support may lead to further downside, with potential targets around 2.40. Breaking this could result in bearish continuation.

Disclaimer:

This analysis is for informational purposes only and not financial advice. Always conduct your own research before making investment decisions.

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