$WIF is not “overextended” yet, it’s just the easiest meme to hate right before it squeezes 😏
Price is 0.2148 and still only 7% off the 30d high. That matters. RSI on 4h at 62, above the 20d and 50d MAs, longs paying funding, and the tape is still bid even with volume only 0.8x avg. That’s not exhaustion. That’s a clean trend with room. 🚀
I’m watching 0.22. If it gets there and stalls, I fade the hype. If it breaks, $ETH probably starts looking heavy by comparison.
Weak hands are calling top at the exact spot trends usually keep running. 👀
0.22 hold or break on $WIF , which side are you on?
#dogwifhat
#Memecoins
#Memecoin
Price is 0.2148 and still only 7% off the 30d high. That matters. RSI on 4h at 62, above the 20d and 50d MAs, longs paying funding, and the tape is still bid even with volume only 0.8x avg. That’s not exhaustion. That’s a clean trend with room. 🚀
I’m watching 0.22. If it gets there and stalls, I fade the hype. If it breaks, $ETH probably starts looking heavy by comparison.
Weak hands are calling top at the exact spot trends usually keep running. 👀
0.22 hold or break on $WIF , which side are you on?
#dogwifhat
#Memecoins
#Memecoin