WIF currently shows in the 1-hour ASR indicator analysis that it has just broken through the downward channel and successfully stood on the middle track. This breakthrough has led to an upward rebound target in the short term, which is $3.6185 near the yellow line.
However, it should be noted that the overall channel is still in a downward trend. Therefore, even if the price reaches the target, it will still be in a state of consolidation before it fails to effectively break through the yellow or orange line, and it will be difficult to form a clear trend.
