$WIF The current dog hat market is in a range-bound oscillation state, and both technical indicators and external environment have not provided a clear trend direction.

The technical indicators show that the price is approaching a strong resistance level of 0.8175, but the trading volume has shrunk significantly, weakening the possibility of a breakout.

Entry area: 0.4846, stop-loss price level: 0.45, target area: 0.8175.

The current market is in a range-bound oscillation state, and 0.4846 serves as a strong support level in the dense trading zone. Combined with the potential reversal signals suggested by the recent bullish engulfing pattern, adopting a strategy of buying near the support level is a prudent choice that aligns with the market structure.