*Now it has achieved its 2nd target and moving towards 3rd* Tp✍️🚀
*Strap in, apes! 🚀*
# *WIFUSDT* is on the move - support at $2.1, resistance at $2.64. 📈
Candle close at $2.576, we're eyeing that $2.6 high next.
WIFUSDT Deep Technical and Fundamental Analysis:
Technically, WIFUSDT exhibits a bullish trend, with a price of $1.43, supported by MA50 ($1.23) and MA200 ($0.95). RSI (64.21) indicates moderate buying pressure. Key levels: support ($1.20, $1.05), resistance ($1.65, $1.85).
Chart patterns suggest an ascending triangle, potentially breaking out.
Fundamentally, WIFUSDT's market cap stands at $143 million, with $10 million in 24-hour trading volume. Circulating supply is 100 million WIFU, out of 1 billion total.
WIFUSDT utilizes a proof-of-stake consensus, promoting energy efficiency and decentralized governance.
Project development focuses on scalability, interoperability, and DeFi integration.
GitHub activity is moderate, with significant updates. Partnerships include Binance, Huobi, and Chainlink, enhancing ecosystem growth.
*Sentiment analysis* reveals positive social media trends and community engagement.
Predictions suggest short-term upside to $1.65-$1.85 and long-term potential to $2.50-$3.50, contingent upon adoption and market conditions.
Risks:
- Market volatility
- Competition in blockchain space
- Regulatory uncertainty
Strengths:
- Energy-efficient consensus
- Strong partnerships
- Growing DeFi ecosystem
