1. $WIF shakes the market again: Are we facing a historic bullish wave? 🐶🚀
The WIF index shakes its tail again! The charts show a clear upward pattern with strong support at a key zone, as buyers have entered strongly, forming higher lows, which enhances the chances of a near breakout.
- Relative Strength Index (RSI): stabilizing before a potential rise
- MACD: heading towards a bullish crossover
- Trading volume: notable increase, indicating investors' readiness for new positions
On-chain, we are witnessing significant accumulation as trading balances decline, which means coins are moving to private wallets, a classic indicator of a pre-price pump.
Social sentiment is becoming more positive, with increased activity around WIF on X/Twitter, and a continuous rise in wallet growth, reflecting renewed confidence in the network.
However, caution is advised! The market is not without its uncertainties, so avoid chasing upward candles randomly. Risk management and patience are the keys to success.
🚀 Short and medium-term outlook
- If the $1.10–$1.25 level is firmly broken, we may see an extension towards $1.78 during August.
- However, if the momentum fails, WIF may return to test support levels at $0.92 or $0.88, with the possibility of entering a new accumulation phase.
If this momentum continues, we could see a strong breakout leading $WIF to new levels. The tail is shaking, and the launch is near!
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