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DOGWIFHAT PRICE ANALYSIS & PREDICTION (June 16) – WIF Finds Support After Mini Drop, Looks Poised For a Fresh Buy

  • WIF experienced a recent drop but has found support, hinting at a potential uptrend.
  • Last month was volatile for WIF, facing rejection under $1.4 after a surge from $0.3.
  • The recent correction led to a discount in the market, which the bulls capitalized on, resulting in a bounce back.
  • The current bounce is supported by the $0.79 level, with potential for a return above $1.
  • A strong weekly close above last month's high could lead to significant gains in the future.
  • If the bulls maintain daily commitment, positive actions are expected, with a target of $4 in the near term.
  • Key resistance levels include $1, $1.39, $1.75, with $1 being a primary obstacle for bulls.
  • Breaking support levels could lead to price declines to $0.58 and $0.4.
  • WIF's spot price is currently at $0.87, with a bullish trend and low volatility.

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