🐶🎩 dogwifhat – Whales Buying the Dip, but Futures Cooling

On Aug 26, $WIF  retested its key ascending trendline support at $0.76 — a level that’s cushioned pullbacks multiple times this year. Buyers stepped in fast, and we saw signs of stabilization on the daily chart.

💡 Key Signals:

🐋 Whales accumulating big spot orders → strong medium-term confidence.

📈 Open Interest in WIF Futures climbed → institutions quietly positioning.

⚠ But… Futures Volume cooled → short-term traders less aggressive.

This sets up a standoff phase:

- If $0.76 support holds → bulls could push higher resistance levels 🚀

- If Futures momentum keeps fading → sideways consolidation likely before any breakout.

🔑 Bottom line: Whales are loading up, but momentum is split between Spot & Futures. Watch the $0.76 support closely — it’s the inflection point that could decide whether WIF runs or stalls.