🚀 WIF has exploded 133% in 30 days, jumping from $0.35 to $0.88 after breaking out of its $0.35–$0.50 range. A whale buy of 2.7M WIF on April 14 helped ignite the rally, and momentum hasn’t slowed.
📊 CoinGlass data shows Open Interest soaring from $120M to $270M, and daily volume doubling to $900M. Spot inflows suggest some profit-taking, but accumulation remains strong.
📉 WIF is trading above the 50-day SMA, with Bollinger Bands expanding—classic bullish signals. RSI is at 78, hinting at potential short-term cooling near the $1.00 resistance.
🐋 Whale activity supports the uptrend. Outflows peaked at -$4.7M in late April, while May 9 saw a +$2.83M inflow. Buyers are still in control.
📈 Net buy activity remains solid, and the number of holders has climbed to over 225K. Long-term players are holding strong.
🎯 If WIF holds the $0.70–$0.85 zone, a breakout to $1.50 is in play. Traders should watch for cooling before a bigger move.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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