$WIF Short Liquidation Alert!
A substantial $76,000 short position in Dogwifhat (WIF) was liquidated at $1.949, highlighting significant market volatility.
Current Price: $1.94 (slightly below liquidation level).
Intraday Range: High at $2.02, Low at $1.82.
Recent Developments:
Market Performance: $WIF has experienced a 1.02% decline today, trading around $1.94.
Trading Volume: The 24-hour trading volume stands at approximately $495 million, indicating active market participation.
Next Move:
Support Level: WIF is approaching the $1.80 support zone. A successful hold above this level could indicate a potential rebound.
Resistance Level: A break above $2.00 may lead to further gains, with the next resistance around $2.20.
Pro Tip: Given the current market volatility, it's crucial to monitor WIF's price action closely and consider risk management strategies when trading.
