Today $WIF : Can the 20% single-day increase under the Meme craze be sustained?
Today, WIF coin leads the Meme sector with a 20.51% daily increase, with the price jumping from 0.97 yesterday to 1.17. The single-day trading volume exceeds $1.376 billion, and the turnover rate reaches 120.75%, indicating extremely exuberant market sentiment.
Support level: $1.05 (Fibonacci 0.618 retracement level) Resistance level: $1.31. If it falls below 1.05, it may trigger programmed stop-loss orders; if it stabilizes at 1.31, it may open up upward space towards $1.89.
Be cautious of the overall correction risk in the Meme sector; if Bitcoin falls below the $108,000 support level, WIF may follow with a further decline.
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