๐ŸคฏWhatโ€™s Ahead for Dogwifhat Price After a 60% Weekly Surge?

๐Ÿš€ Crypto Sentiment Shift: In early July, Bitcoin at $55K had traders fearing correction. Now, calls for a new high emerge.

๐Ÿ“ˆ Dogwifhat Surge: Dogwifhat price jumps 60% in two weeks, outperforming major altcoins.

๐Ÿ’น Price Rally: Dogwifhat rebounds 86% to $2.78, market cap at $2.78B, reclaiming key EMAs.

๐Ÿ“Š Futures Open Interest: Open Interest doubles to $389.6M, indicating strong capital influx and bullish sentiment.

๐Ÿ“ˆ ADX Indicator: ADX at 26% suggests buyers can push the recovery further.

๐Ÿ” Potential Pullback: Minor pullback to 20-day EMA expected before a channel breakout.

๐Ÿ“‰ Trendlines: A channel breakout is necessary to signal an uptrend continuation.

๐Ÿ’ก Key Takeaway: Meme coins like Dogwifhat show volatility; despite pullbacks, a sustained rally is likely.