WIF Experiences Bullish Breakout, Targeting $1.3 Based on Expanding Wedge Formation

WIF coin has experienced a significant surge, exceeding the $1.02-$1.04 resistance level and reaching a new all-time high of around $1.04 after surging 17% in just 24 hours. This bullish momentum is attributed to the formation of a broadening wedge pattern on the 4-hour timeframe, with analysts predicting a breakout target of $1.3, a potential 23% gain from current levels. 28% trading volume and increased open interest, totaling $1.8 billion and $421 million respectively, suggest a surge in market participation.