WIF recently showed obvious trading volume anomalies, with transaction volume surging 35.1% within 30 minutes, a phenomenon that often signals an imminent market move. Currently, WIF's price is hovering around 0.3804 USDT.
From a technical perspective, 0.38 USDT is an important support level, with a distance of only 0.45% from the 1-hour baseline, making this position have strong support significance. A broader support zone is distributed between 0.3737-0.3816, forming a relatively stable bottom area. The current trend is approaching this key support, and one should watch for potential long entry opportunities.
From a trading strategy perspective, consider placing a buy order around 0.38 to enter long positions, with resistance set at 0.3915, which can serve as a profit-taking reference target. When trading volume surges dramatically, it is usually a signal of increased market participation, and subsequent price action is worth closely monitoring.
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WIF recently showed obvious trading volume anomalies, with transaction volume surging 35.1% within 30 minutes, a phenomenon that often signals an imminent market move. Currently, WIF's price is hovering around 0.3804 USDT.
From a technical perspective, 0.38 USDT is an important support level, with a distance of only 0.45% from the 1-hour baseline, making this position have strong support significance. A broader support zone is distributed between 0.3737-0.3816, forming a relatively stable bottom area. The current trend is approaching this key support, and one should watch for potential long entry opportunities.
From a trading strategy perspective, consider placing a buy order around 0.38 to enter long positions, with resistance set at 0.3915, which can serve as a profit-taking reference target. When trading volume surges dramatically, it is usually a signal of increased market participation, and subsequent price action is worth closely monitoring.