"Bear Retreat!!! Dogwifhat (WIF) Gains Momentum, Rebound Exceeds Expectations"
WIF has recently performed impressively in the market, showing a strong rebound after a wave of adjustments. Technically, WIF has successfully broken through the downward trend pattern. This marks the third time since November 2024 that it has received strong support at this position, laying the foundation for future increases.
On-chain data also supports this trend. Analysis shows that there has been a significant outflow of WIF worth $16 million from exchanges, indicating that the enthusiasm of long-term holders remains strong. A large amount of tokens flowing into wallets typically signals a bullish trend and potential buying opportunities.
Looking at historical price momentum, each time WIF touches the current support range, it triggers a notable increase. If it can break through the key resistance level of $1.945 and stabilize, its price is expected to soar by 35%, reaching the $2.65 mark. However, if the breakout fails, it may face adjustment risks. The 24-hour increase exceeds 4%, with trading volume surging by 15%, and market attention has significantly risen. The outlook is bullish; want to seize this market trend? Hurry up and follow the expert for more in-depth analysis!
