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Dogwifhat Rockets 14% as Bulls Reclaim Control Above Key EMAs

  • Dogwifhat (WIF) experienced a significant 14% surge in the last 24 hours, signaling bullish momentum in the market.
  • The coin successfully surpassed the 50-day Exponential Moving Average (EMA), setting sights on the 200-day EMA level, indicating a positive technical recovery path.
  • The surge in price and trading volume by 14% and 117% respectively shows genuine buying interest, supported by increased institutional and retail participation.
  • Technical indicators such as the MACD and RSI are positive, hinting at further upward potential for WIF, with a crucial test looming at the 200-day EMA resistance.

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