$WIF

� Current Chart Pattern: Cup and Handle

Recent technical analysis indicates the formation of the “Cup and Handle” pattern on the daily chart of WIF. This pattern is considered a strong bullish signal, consisting of a rounded bottom (the cup) followed by a slight correction (the handle) before resuming the upward trend.

• 200-Day Moving Average (SMA 200): Located at the level of $1.4048, it is considered a major resistance. A breakout of this level may lead to a continuation of the upward trend towards higher levels.

• Potential Target: If the bullish breakout is confirmed, the price may target the level of $2.02, representing an increase of approximately 78% from the current price.

• Nearby Support: If the price fails to maintain the level of $1.00, lower support levels near $0.63 may be tested.

🔮 Future Forecast

• Bullish Scenario: A breakout above $1.4048 and holding above it may indicate the continuation of the upward trend and targeting higher levels like $2.02.

• Bearish Scenario: If the price is unable to maintain the level of $1.00, it may head towards testing lower support levels, which may indicate weakness in upward momentum.