đđ Dogwifhat ( $WIF ) Hits Golden Fib Level, Bulls Target 85% Rally
đ Dogwifhat Finds Support at Golden Fibonacci Level
Dogwifhat (WIF), a Solana-based meme coin, recently surged over 150% before pulling back to find support at the 0.618 Fibonacci level. This critical support zone signals a potential reversal in momentum for the coin.
đ Bullish Indicators Signal Upside Potential
WIF is benefiting from Solanaâs rally as it nears its all-time high. Both four-hour and daily charts show bullish patterns, including a bullish engulfing candlestick and a flag and pole breakout. If WIF breaks $3.4, analysts predict an 85% rally to its all-time high of $6.
đ On-Chain Metrics Show Growing Interest
WIFâs open interest (OI) has risen by 7.5% in 24 hours, indicating strong trader activity. The Long/Short ratio stands at 1.078, reflecting bullish sentiment. These metrics suggest growing confidence among traders in WIFâs upward potential.
đ Current Price and Momentum
WIF is trading at $3.32, up 6.5% in the past 24 hours. Trading volume has surged by 25%, signaling heightened trader participation. The coinâs position above the 200 EMA and its bullish RSI support the case for further upside momentum.
