The recent price of $WIF has gradually rebounded from a low range and shows signs of a slow recovery from the lows.
In the short term, the market has a trend of fluctuating upwards. Although the short-term moving averages are converging and crossing, indicating that prices may remain unstable, there are many factors supporting the rebound.
The KDJ indicator also remains high, indicating that market sentiment leans towards the upside. At the same time, with the BOLL bands narrowing, the price has broken through the middle band, suggesting that there is upward momentum in the short-term market, but attention should be paid to possible fluctuations in the short term.
Consider a strategy of buying on dips in the short term and pay attention to whether the price can continuously break through the key resistance levels of 0.5658 and 0.5746.