The WIT instrument is demonstrating a bullish trend due to its position above a crucial rising trend line, suggesting potential continued bullish momentum. The primary support level is at 1757.06 and the second is at 71.60, both classified as overlap supports and are likely to resist further price declines. However, if the price continues its upward trajectory, it may meet resistance at 76.69, which coincides with the 61.80% Fibonacci retracement, and at 78.92, another overlap resistance, possibly limiting further upward momentum.
