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Bitcoinsensus

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WIF Price Analysis: Long Bias with a Twist

  • WIF (dogwifhat) is a memecoin built on Solana, known for its fun culture and serious price action.
  • Weekly demand zones could serve as strong supports if the current uptrend falters.
  • On the daily chart, there is a long bias, but caution is advised due to potential liquidity grabs from trendline areas.
  • In the short term, price action on the 4-hour timeframe indicates a possible dip into a liquidity pool, creating a risky situation for traders.

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