DogwFhat (WIF) is carrying the company while the whale governor continues to accumulate Dogwifhat

Dogwifhat (WIF) Attention continues amid the volatile market conditions, with the uniform of the distinctive symbol about $ 0.8319 after dipping 1.17 % over the past 24 hours, according to the technical analysis model of Coindsk Research. As for the larger MIMON section, it was measured by the Coindsk Memecoin Index(CDMEME)1.79 % rises during the same period.

The basic procedure was 5.1 % from $ 0.821 to $ 0.864, with decisive support near $ 0.835 on a large size. A sharp crowd gathered earlier this week to $ 0.92, attracting profits, but the technical power remains as WIF is on the new local floor.

Blockchain analyzes show that the whale portfolios have accumulated more than 39 million symbols, a pattern that is in line with the broader micoin rotation across Solana’s assets. This trend comes at a time when Bonk rose earlier on ETF speculation, while WIF re -testing the main areas with a decrease in size and short references.

President Trump’s approval of a “beautiful, beautiful bill” by Congress earlier this week brought the short term of market risk. In conjunction with the best American job data expected, feelings about the origins of the risk improved marginally, which reduces the pressure -related sale pressure. Although the broader encryption faces the opposite winds from converting the dynamics of commercial politics and monetary policy, the basics of the WiF on the series remain constructive.

With the congestion of the derivative markets-Binance is now 650 trillion dollars of the accumulating BTC Futures accumulating-the interest turns into retail codes that continue to show flexibility. If WIF maintains support and bounce in size, re -testing 0.86 dollars may be playing.

It highlights technical analysis

• WiF was trading between $ 0.821 and $ 0.864 on a 24 -hour window ending on July 5 at 14:00 UTC.
• The high size increased from $ 0.835 to $ 0.861 a strong support level.
• The accumulation of the whale increased during the high volume of the symbol 60.7 meters during a 9 -hour session.
• In the last hour (13: 06-14: 05 UTC)WiF has recovered from $ 0.828 to $ 0.831.
• Resistance was formed at $ 0.838 with heavy sale pressure at 13: 25-13: 26.
• Temporary support held at $ 0.828 after a sharp sale between 13: 54-13: 56.
• Simple hints late in the late session in the scope of short -term unification.

Slip: Parts of this article were created with the help of artificial intelligence tools and reviewed by our editorial team to ensure accuracy and commitment Our standards. For more information, see Coindsk Full Policy Artificial Intelligence.