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WIF has recently completed a key technical breakthrough in its recent trend. The price successfully broke through the descending wedge pattern and then launched a strong upward attack. Compared to the entry point, it has already achieved a 30% increase, which fully aligns with the previous technical structure expectations.
From a momentum perspective, the upward force after the breakout is quite sufficient, indicating that the market's bullish sentiment has been effectively confirmed. However, it is also important to remind everyone that if you missed the initial entry opportunity, it is not advisable to chase the high now. What is the smartest approach? It is to be patient and wait.
When the price retraces to the breakout area of the wedge for testing, it often forms a relatively healthy secondary entry opportunity. This retracement should not cause panic; instead, it may be a friendly signal given by the market. As long as the overall technical structure remains solid, it is reasonable to expect WIF to continue its upward trend in the next few trading days.
Keep paying attention to subsequent price movements and technical feedback, as this will be very helpful in optimizing your trading opportunities.