#WIF The chart displays a bullish breakout from a descending wedge pattern, signaling a continuation of the uptrend. The current price is at $3.682, supported by strong momentum. Key support levels lie at $3.278 (Fibonacci 0.5) and $2.767 (Fibonacci 0.618), offering a safety net for potential retracements.
On the upside, resistance targets are set at $4.702, $5.621, and the ultimate target of $6.472, representing a significant 97% potential gain from the current level. The breakout confirms buyer strength, and further price advances are expected as long as the support levels hold.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.