Over the daily chart, the WIF has formed support at the $1.4973 support zone, which is a key level, at the time of writing. The WIF price has consecutively tested this zone by multiple attempts.
Now, if the bulls show high interest, the optimism could drive a further increase in the WIF price.
If the price breaks the trendline, the resistance would be $2.3119 and $3.0261. Failure to do so could lead back to the zone at $1.4973, and knocking that could lead to a further downfall.
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