Technical analysis by Meisam_TA about Symbol WIF: Buy recommendation (6/22/2024)

#WIF/USDT ANALYSISWIF is currently trading above the horizontal demand zone of a descending triangle. This suggests a potential bounce, with a breakout of the pattern confirming a bullish trend.However, the Ichimoku cloud is also acting as resistance.Conversely, a break below the triangle could signal a downward movement.