🚀 $WIF Sellers Take Charge - AMBCrypto Analytics
Regarding WIF, its performance has not been any different, as the bearish bias toward the leading meme coin remains significant.
For example, its Chaikin Money Flow (CMF) rested below the zero line to return a value of -0.09 at press time.
This indicator measures the flow of money into and out of the WIF market. When its value is negative, it signals liquidity outflow from the market, which is a bearish sign and a precursor to a further price decline.
Also, readings from WIF’s Directional Movement Index (DMI) showed its positive directional index (green) resting below its negative index (red).