WIF's recent performance is worth paying attention to. On the 30-minute chart, trading volume surged by 49.8%, and such abnormal volume movements are often not without reason — there may be underlying market activity stirring.



The current price is stuck around 0.3834 USDT. From a technical perspective, the 0.3835 level is a key support, only 0.08% away from the 1-hour baseline. The entire support zone ranges from 0.3835 to 0.3858, which is quite solid.

For traders looking to participate, the approach could be: place long orders around 0.3835. If the price can hold this support, the next target could be the resistance at 0.3915.

Interestingly, signs of volume suddenly expanding are often a precursor to market movements. WIF's upcoming trend indeed warrants close monitoring, as there may be new developments in the near future.
WIF-2,71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
MetaLord420vip
· 01-10 15:20
The explosion in trading volume is truly extraordinary this time. The 0.3835 threshold must be held.
View OriginalReply0
gas_guzzlervip
· 01-08 22:32
A volume surge of 49.8% is usually not just bluffing; this time, WIF might really be up to something.
View OriginalReply0
UnluckyMinervip
· 01-08 19:53
The trading volume is so strong, it feels like something big is coming.
View OriginalReply0
GateUser-a5fa8bd0vip
· 01-08 19:51
The surge in volume is indeed interesting, but only standing firm at 0.3835 truly counts; otherwise, it's just bluffing again.
View OriginalReply0
ForkTroopervip
· 01-08 19:50
With such strong volume, it feels like a loss not to enter. I'm just worried it's a trap to lure more buyers.
View OriginalReply0
BlockchainDecodervip
· 01-08 19:46
From a technical perspective, the 49.8% volume anomaly indeed cannot be ignored. Studies show that a sharp increase in trading volume often indicates a change in the concentration of market participant behavior—this is also elaborated in the Wyckoff theory. It is worth noting that the support level at 0.3835 deviates from the 1-hour baseline by only 0.08%. From a statistical point of view, this coincidence rate is quite low, and overall, it indeed constitutes an effective technical support zone. However, I need to analyze calmly—volume increase ≠ necessarily means price will rise. This logical leap is quite common in many analyses. It is still recommended to see if there can be an effective breakthrough above 0.3915 to confirm the trend's authenticity. The data itself is neutral; the key still lies in the details of trade execution.
View OriginalReply0
FudVaccinatorvip
· 01-08 19:25
Trading volume surged by 49.8%? This guy has something going on, gotta keep a close eye on him.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt