$WIF The currency has declined to a range of $0.84-$0.90 after peaking near $0.92, with sideways movements continuing.

Staying above the strong support level backed by whales at around $0.83-$0.84 keeps buyers in the market, as on-chain data shows an accumulation of around 39 million tokens.

A clear breakout above the $0.90-$0.92 level paves the way for a rise towards $1.00-$1.10, supported by the bullish Ichimoku indicator and cloud reversal signals.

Conversely, a drop below the $0.82-$0.83 level warns of a deeper decline towards $0.80 or even $0.65, as weekly trend lines remain weak.

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