$WIF staying in place after the collapse. Current price 0.168, down 1.18% for the day.
High of the day: 0.173
Low of the day: 0.161 (testing support)
Week: -17.24% (sharp correction)
Month: -26.96% (bears are pressing)
Quarter: -59.22% (searching for the bottom)
Half a year: -81.06% (x5 from the highs)
Technical (4h): Price is constrained between MA20 (0.165–0.172) and support 0.161–0.163. MA200 at 0.170–0.210 — pressing from above. If we break 0.173 — the way to 0.18–0.19. If we go below 0.16 — retest 0.15 and lower.
What is important: In 180 days down 81% — the coin is in a deep bear trend. Memecoins are not in fashion right now. Volume 9.89 million USDT — below average.
Volume: Low, the market is inactive.
Conclusion: For a long position, it is necessary to stabilize above 0.173. For a short position — a break at 0.16. For now, it is an area of uncertainty.
Who holds WIF? Is there hope for a bounce? 👇
