
According to the crystal ball… uh, I mean, Open Interest data, WIF has found itself glued to the support level at $0.81 while having a little tantrum trying to break through that pesky $0.83 resistance. The price has been taking a swing at it repeatedly, like someone attempting to open a jar of pickles with no luck. Every time it gets rejected, it only reinforces the massive weight of selling pressure in the immediate future. But don’t worry, there’s a twist! Even with all that rejection, there are still buyers brave enough to scoop it up when the price dips toward $0.80. It’s like a tug-of-war, but everyone’s just sort of standing still.