WIFUSDT: Consolidation phase, breakout soon!!
Updated
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Let's analyse WIFUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
The meme "Dogwifhat" blends the iconic Doge image with playful text, reflecting a fun, community-centric vibe. "Wif Frens" continues this theme of camaraderie and humor. On-chain, these memes can be inscribed onto the blockchain, ensuring their preservation as digital collectibles.
TECHNICAL ANALYSIS:
WIFUSDT has shown strong bullish momentum, breaking out of a rising wedge. This breakout was followed by a significant price pump of up to 835%. WIFUSDT is now trading in a symmetrical triangle pattern.
While WIFUSDT is currently consolidating, the technical indicators suggest a potential for further upside. The two important buying zones are supported by green channels.
Buying Levels:
$1.595 to $1.209 (upper support)
$0.513 to $0.409 (lower support)
Target Levels:
$2.93
$4.97
$15.04
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse WIFUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
The meme "Dogwifhat" blends the iconic Doge image with playful text, reflecting a fun, community-centric vibe. "Wif Frens" continues this theme of camaraderie and humor. On-chain, these memes can be inscribed onto the blockchain, ensuring their preservation as digital collectibles.
TECHNICAL ANALYSIS:
WIFUSDT has shown strong bullish momentum, breaking out of a rising wedge. This breakout was followed by a significant price pump of up to 835%. WIFUSDT is now trading in a symmetrical triangle pattern.
While WIFUSDT is currently consolidating, the technical indicators suggest a potential for further upside. The two important buying zones are supported by green channels.
Buying Levels:
$1.595 to $1.209 (upper support)
$0.513 to $0.409 (lower support)
Target Levels:
$2.93
$4.97
$15.04
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Trade active
Target 1 hit!!
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