WIF has shown interesting divergence phenomena across multiple timeframes. The 1-hour RSI has already surged to 75, indicating overbought conditions, but on the 4-hour chart, the RSI has soared to 85 in an extreme overbought zone. This kind of discrepancy usually suggests that short-term momentum is gradually weakening. Looking at the 15-minute RSI, it remains in a neutral position, indicating that investors at different levels are still engaged in a tug-of-war.



From a volume perspective, the situation warrants more caution—trading volume has shrunk by 61.9% compared to earlier periods, and the 1-hour MACD histogram is also clearly decreasing, showing a lack of strong upward momentum. This divergence between price and volume often signals market fatigue.

The key price levels are quite clear: 0.400 is the current resistance zone, with resistance points at 0.410 and 0.425 above; support levels are at 0.385 and 0.365 below. The market is now at a crossroads, and either direction is possible.

In terms of trading strategy, if the price breaks above 0.410, consider entering a long position with a small size, targeting 0.425, but set a stop-loss at 0.398 to protect yourself. Conversely, if the price falls below 0.385, it’s time to switch to a short position, targeting 0.365, with a stop-loss at 0.395. However, at this point, the smartest move might be to wait—until the 0.385 level is broken before taking action.

After all, a combination of exhausted volume and high-level divergence signals that it’s better to miss out on a rally than to chase high here. Staying on the sidelines before a breakout is the best choice.
WIF-6,25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
PessimisticLayervip
· 01-06 16:51
The volume has shrunk by 61.9%, and you're still bragging here? I think your brain is empty.
View OriginalReply0
ImpermanentSagevip
· 01-04 20:49
The trading volume has decreased by 61.9%. Still dare to chase? If this isn't gambling, what is? Just wait for the breakdown.
View OriginalReply0
CommunityJanitorvip
· 01-04 20:49
Trading six-tenths less volume and still chasing the high? Laughable, isn't this just handing the bears the dish? --- RSI85 has shot out of the sky, still betting on a bullish trend, truly courageous. --- This divergence signal feels like a prelude to a sell-off. --- Waiting for it to break 0.385 before taking action is indeed more prudent; after all, those who chase the high always regret it. --- With volume and price diverging like this, 0.365 is the next stop.
View OriginalReply0
MetaNomadvip
· 01-04 20:42
Still daring to chase after the price has shrunk this much, you really have courage.
View OriginalReply0
RektRecordervip
· 01-04 20:26
The market is shrinking so aggressively and still diverging at high levels. Chasing the highs in this wave is indeed unwise.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)