🚀 Bulls Propel Dogwifhat: What Happens Next with WIF?
🐂 The meme coin dogwifhat[WIF] has been on a wild ride, surging over 45% and catching the attention of crypto enthusiasts.
🐋 Whales are diving in too, with the largest WIF holder making a whopping $2 million investment. This big fish now holds a staggering $71 million worth of WIF, with unrealized profits soaring past $86 million.
📈 Technical analysis suggests that WIF is bullish, struggling to break through the crucial resistance level of $2.35. If it can conquer this hurdle and close above $2.37, we might see a 20% surge to reach $2.9.
⏫ On-chain metrics are also looking up, with Coinglass' WIF Long/Short ratio at its highest since 2024, indicating strong bullish sentiment among traders. Futures Open Interest is climbing too, suggesting more traders are building long positions.
💥 At the time of writing, WIF is trading near $2.33, experiencing an 8.9% surge in the past 24 hours. With trading volume on the rise, it seems like this meme coin could be on the verge of a mega breakout.
So hold on tight, because the dogwifhat rally might just be getting started! 🚀
