☝️ $WIF

$WIF

The current price of Dogwifhat (WIF) is $2.06, reflecting a 1.44% drop in the last 24 hours.

Technical Analysis:

• Moving Averages (SMA and EMA):

• The 10-day SMA and EMA are showing buy signals, which could indicate a short-term upward movement.

• The 20-day SMA and EMA are showing sell signals, indicating a possible continuation of the downtrend in the medium term.

• Oscillator Indicators:

• The Relative Strength Index (RSI) is at 33.57, which is close to the oversold zone, potentially signaling a possible upward price reversal.

• The MACD is negative (-0.2993), which confirms the current downtrend.

• Support and Resistance Levels:

• The nearest support level is located around $1.73, which corresponds to the recent low.

• The price action indicator ...

• Resistance level is around $2.95; breaking this level could signal the start of a new uptrend.