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The price of Dogwifhat has fallen by 3% over the last 24 hours, with a trading volume of $ 227 million, with 23% slump to EST 12:30 am from $ 0.6680.
Dogwifhat prices are struggling in major support as the weak pressure continues.
Dogwifhat is under much weaker pressure and has been submerged from mid -December.
About $ 0.65 major support areas are currently being tested, and in the past, it was a key layer of price. If this support is maintained, the WIF can see the short -term bounce, but the failure under this level can be opened to move to less than $ 0.50.
WiFUSDT Analysis Source: TradingView
Dogwifhat Price Bulls watches the potential reversal.
The rising level of $ 1.50 ~ $ 1.60 is still important, and the long -term resistance zone serves as a psychological level of about $ 4.00. Luxalgo Trendlines, with Breaks Indicator, suggests that it can signal reversal by identifying $ 2.55 resistance and identifying $ 2.45 support.
The relative robbery index (RSI) is 31.97, which is close to the radiation threshold of 30. Historically, the RSI near these levels has become a region to watch the potential recovery by continuing short -term layers. However, RSI alone does not confirm the reversal, and must be supported by increasing purchase volume and evacuation on the Bear Rishi channel.
To change the emotions, the price of Dogwifhat should be over $ 1.00 beyond the weak channel. Movement passing at this point can increase further toward $ 1.50 – $ 2.00. However, if the sales pressure continues and the WIF falls to less than $ 0.60, additional losses can lead to additional losses.
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