Current Price: WIF trading above the $2 psychological mark after a bullish reversal at $2.18. Demand Zone: Reversal undermines the breakdown of the crucial $2 demand zone. Recent Surge: WIF price jumps by nearly 50% in the last seven days. End of Correction: Bullish reversal marks the end of the correction phase within a falling channel pattern. Momentum Gain: The meme coin gains momentum, suggesting a continued uptrend. Fibonacci Levels: Buyers need to surpass the 50% Fibonacci level at $2.43 for an extended uptrend. Broader Market Uptrend: Sustained bullish momentum aligns with the broader market recovery. New All-Time High Potential: WIF price might create a new all-time high in July. Key Targets: Potential to surpass the $4.58 mark. Psychological Milestone: $5 seems a suitable target for the ongoing uptrend.
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