$WIF Analysis:
Current Price: $2.61
24H Change: +0.83%
Here's the lowdown:
- Dogwifhat (WIF) has seen a slight increase in the last 24 hours, but the overall trend is still uncertain.
- Historically, WIF has closed above its opening price about half of the time (49.04%), indicating a neutral bias.
- The coin is still down 42.86% from its all-time high of $4.57, which was reached just 3 months ago.
My take:
- I'm waiting for a clear break above $3.00 to confirm a bullish trend.
- Until then, I remain cautious, as WIF's price action has been volatile.
- A retest of the $2.00 support level is possible if the bulls fail to gain traction.
