š“š“Ā $WIF UpdateĀ š“š“
WIF has been showcasing a significant performance in the market. It established a support level aroundĀ $1.44Ā and managed to reach the resistance level ofĀ $2.16, breaking past the resistance of the previous days. However, it did not surpass the major resistance point atĀ $2.20, suggesting a potential consolidation phase before any further upward movement.
In the scenario of a market correction to liquidate some long positions, WIF might adjust to aroundĀ $1.73. This is not a necessity, but it could occur even after a few days. Itās crucial that WIF does not breach the major support level ofĀ $1.44. If WIF can maintain this support over an extended period, we might soon see an upward trend towards theĀ $2.65Ā mark.
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