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Technical analysis report for .The chart for $WIF /USDT shows a bullish trend, with the price currently at $2.299, marking a notable increase of 13.76%. The upward momentum is supported by the recent high of $2.364, indicating strong buying interest. The moving averages (MA) are also trending positively, with the 50-period MA (yellow line) crossing above the 200-period MA (purple line), which is a classic bullish signal. đ
The price action suggests a healthy retracement after reaching the recent high, as it tests the support level around $2.239. This level has held firm, providing a potential entry point for traders looking to capitalize on the upward trend. The increasing volume, particularly with the recent surge, reinforces the strength of this movement and indicates that buyers are actively participating. đ
