💥$WIF update!
The market is signaling a bullish wave with most coins up over +3% but the story is slightly different for DogWifHat which is still down by -10% as at the time of this post.
The daily timeframe for $WIF indicates a possible change in trend even though the 20EMA is still below the 40EMA. The weekly chart shows that $1.1 - $1.3 is an established support zone and could possibly be the bottom of aggressive correction WIF experienced recently.
For swing traders and holders, this is a key area of interest. By far, $WIF has proven to be the king of Solana memes and its potential for recovery is just on the horizon.💰
However, if price fails to hold above the support zone, just fasten your seat belt for nose dive.😅
Note: Don't forget to do your own research.
#TrumpCryptoOrder @CZ
The market is signaling a bullish wave with most coins up over +3% but the story is slightly different for DogWifHat which is still down by -10% as at the time of this post.
The daily timeframe for $WIF indicates a possible change in trend even though the 20EMA is still below the 40EMA. The weekly chart shows that $1.1 - $1.3 is an established support zone and could possibly be the bottom of aggressive correction WIF experienced recently.
For swing traders and holders, this is a key area of interest. By far, $WIF has proven to be the king of Solana memes and its potential for recovery is just on the horizon.💰
However, if price fails to hold above the support zone, just fasten your seat belt for nose dive.😅
Note: Don't forget to do your own research.
#TrumpCryptoOrder @CZ