For $WIF (Dog With Hat), on a broader spectrum, there is a slightly bullish underlying trend. It seems that the correction that started last Friday has ended, and there is currently a rebound zone at the 0.78 Fibonacci retracement level, which is a buying zone.
If we look at the RSI, we see that it has exited the oversold region, and if the trend continues, we could see an upward movement in the price of $WIF in the coming days.
Additionally, analyzing the 4-hour chart under Ichimoku, we can see that prices are currently crossing above the Tenkan line, which is a bullish alert and potentially indicates a trend change.
Therefore, it is important to monitor if this rebound is confirmed in the next few hours.
