$WIF at 1.17 isn't just holding above the 100EMA—it's flexing dominance. That clean reclaim after a 30% surge isn't luck; it's institutional-grade momentum. Here's what the charts whisper to those who listen:
The Hidden Edge:
EMA 100 isn't just support—it's a launchpad (price hasn't closed below it in 72H despite wild volatility)
Volume spikes on upswings show panic buying, while downswings dry up—supply shock brewing
4H candles forming "compression springs" (tight ranges before violent expansions—last one ran +25%)
For Traders, Not Gamblers:
Already in? The absence of long wicks above 1.20 suggests this isn't distribution—it's reload before continuation
Waiting? Watch for 1.12-1.15 to hold as new demand zone (where liquidity pools cluster)
The Mind Game:
This isn't just another meme pump. That 3-day consolidation above 100EMA while BTC dumped? That's relative strength screaming "next leg up."
Real Talk:
When meme coins start respecting EMAs like blue-chips, the move tends to outlast skepticism. Targets? 1.30 isn't a dream—it's a pitstop.