The WIF meme coin is trading below what some believe is a concerning price level, but many traders are seemingly “betting on a WIF bounce.”
Currently trading at $3.37, it comes only three days after WIF briefly dipped below crucial support levels at $2.96 on May 27, per CoinMarketCap “The price of WIF needs to stay above $3.5 or this could be catastrophic. Traders beware,” he wrote in a May 30 XHowever, the pseudonymous crypto trader “Ponzi Trader” pointed to a reversal pattern forming on the 4-hour price chart, signaling that the price may be due for a quick recovery.
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