The chart for $WIF /USDT shows a price decrease of 2.02%, with the current price sitting at $1.747. Earlier, $WIF reached a high of $1.905 before experiencing a sell-off that drove the price down to a 24-hour low of $1.665. The recent bounce from $1.665 shows that buyers are stepping in to defend this support level, but the overall trend remains cautious.

The key resistance lies at $1.794, which is just below the 24-hour high. If WIF can break above this level, it might target the previous high of $1.905. A sustained move above $1.905 could signal a potential shift in momentum, driving the price toward $1.92 and beyond. However, with the recent downward movement, WIF may struggle to regain these levels in the short term.

On the downside, $1.665 serves as a critical support level. A break below this level could lead to further losses, potentially pushing the price toward $1.60. Traders should remain cautious and watch for a clear breakout above resistance or breakdown below support to confirm the next direction. Overall, $WIF is in a consolidation phase, with potential for both upward and downward movement depending on market sentiment.

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