#WIF is currently in a consolidation trend
1. The price is repeatedly testing the range of 1.10-1.20(
2. All oscillation indicators (RSI, StochRSI) are in the neutral zone
3. The MACD histogram is close to the zero axis, and the EMA moving averages are converging
4. The volume continues to shrink, indicating strong market wait-and-see sentiment
Key observation points:
Upper resistance: 1.173
Lower support: 1.10
It is recommended to adopt a range trading strategy and only consider trend following after breaking the previous high of 1.20 or falling below 1.10.
