WIF experienced a slight market correction at the end of last month but has since bounced back and is now showing strength for a new rally.
The price of WIF surged on the daily chart, hitting a three-month high before experiencing a short retracement back below the key $1 level.
The $0.79 resistance level, which turned into support after a retest last week, has helped push the price back up, indicating a potential for another major rally.
Key levels to watch for WIF include $1.39, $1.75, and $2.3 as resistance, and $0.79, $0.53, and $0.4 as support levels. The current spot price is $0.98, with a bullish trend and low volatility.