📉 The Solana-based memecoin Dogwifhat (WIF) is having a tough time:

- Over the past week, WIF OI fell by 28%, to $252.5 million.

- The price of WIF decreased by 35.48%, to $1.67.

- Traders expect testing of the $1.50 support level.

- Skepticism among futures traders: $11.89 million shorted at risk with rise to $1.80.

- WIF is far from the $10 forecast from Arthur Hayes.

Be careful!