💥 Dogwifhat ($WIF ) shows signs of recovery! 💥
After a 42% drop in December, the memecoin is making headlines again. 📉 Today, WIF sits at $2.0266 (+9.05% in 24 hrs). 👀
Key highlights from the chart:
🔸 RSI: Hovering near 41, approaching neutral ground after a dip—possible signs of renewed bullish interest? 📊
🔸 Volume: Increased activity reflects growing trader attention.
🔸 EMA Trends: Short-term EMAs suggest that WIF still faces resistance near the $2.15-$2.25 zone, but optimism builds. 🚀
💡 If WIF breaches $2.15, the next target could be $2.48 (50-day EMA). Support remains at $1.85, but holding above this level could attract buyers.
With the market cap still strong at $1.8B, WIF needs sustained momentum to reclaim its spot as Solana’s leading memecoin!
👉 Are you bullish or bearish on WIF this year? Let me know in the comments!