【WIF is going crazy! A 50% surge in three days, but beware of this 'sweet trap'!】🐶💥
dogwifhat (WIF) has taken off for three consecutive days, soaring 17% in a single day, reaching a one-month high of $0.612!
A weekly increase of +50%, is it the spring of memecoins again?👀
🔥 Market Update:
Breaking through a long-term downtrend channel, all technical indicators are signaling green.
RSI has soared to 70, buying pressure is overwhelming, but it's already close to the 'overbought warning line'⚠️.
Funding rates have turned positive, bulls are returning, and there is a net outflow from exchanges, with buying pressure explosively strong!
However, let's stay calm—
Although +DI is skyrocketing and momentum is booming, once market sentiment declines, it could plunge back to $0.54 at any moment!
🎯 Key Points:
If buyers can hold on for one more wave, WIF may reach $0.79; can't hold? Then it's just a daydream.
💬 Conclusion:
Short-term excitement, but mid-term caution! Don't let the dog hat blind you!