Dogwifhat Price 2030: Bearish Momentum Deepens Across Timeframes

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Well, well, well, here we are folks – another day, another fall from grace for Dogwifhat. The price has plummeted from its high horses, and both price action and derivatives metrics now show that the market’s mood has gone from “let’s party” to “let’s just sit in a corner and brood.” With momentum indicators flashing more red than a stoplight on a busy intersection, WIF is entering a zone where volatility might just go wild like a rabid squirrel.

Sharp Breakdown on 1H Chart as Open Interest Falls

Now, let’s take a little stroll down the 1-hour chart lane, where WIF/USDT spent a few days trying to make a run from the lower $0.30s to the almost-respectable $0.39-$0.40. The early part of the chart? Oh, it was like a nice cup of tea-steady, calm, and showing some upward grind with higher highs and what seemed like a growing crowd of buyers.

But hold onto your hats, because once that rally hits the $0.40 mark, momentum starts to fizzle faster than flat soda. Prices stop climbing, and suddenly we’re in a sideways mess, candles bouncing up and down like a kid on a sugar high. This usually means the buyers have packed up their bags, and the sellers are quietly creeping in from behind.

And then, BAM! The final stretch hits, and we see a drop faster than a hot potato. The price crashes from the $0.36-$0.38 range down to $0.33-$0.34. That’s your “oops, this market’s not as happy as it was” moment. Support? Gone. The sentiment? Totally negative. The bears are throwing a party, and the bulls… well, they’ve left the building.

And guess what? Open interest confirms the whole thing. During the uptrend, OI was on a steady climb, reaching 74M-75M, like traders were opening positions faster than you can say “bull run.” But as the price started to stall, OI did what all smart traders do in these situations: it dipped. That’s right, folks, positions started closing, and the confidence? Yeah, it’s waving goodbye.

And when the breakdown hits, OI takes a nosedive, dropping down to 61.2M. This tells us it wasn’t new shorts driving the market-oh no-it was just long liquidations running for the hills. A drop in OI and a steep price drop? That’s your classic “everyone’s heading for the exit” sign.

The moral of the story? With both price and OI in the dumps, it seems like traders are sitting on their hands, waiting for something (anything) to give them a reason to jump back in. Stay tuned, folks.

WIF Drops 3.25% as Liquidity Stays Elevated

BraveNewCoin is listing Dogwifhat at $0.37, with a market cap of $368,498,237 and a 24-hour volume of $79,811,459. Despite all this bearishness, liquidity is still holding strong. So, yeah, the meme-coin is still a thing-people are still buying into the Dogwifhat dream, even as the price crumbles.

The coin is hanging on to the #194 spot in rankings, with a supply of 998,926,392 tokens. But short-term traders? They’re holding back like it’s the last cookie at a family reunion, waiting for the technicals to calm down before diving back in.

Downtrend Confirmed as MACD and CMF Stay Negative

Let’s wrap it up with the daily chart. WIF has been in a downtrend since it hit its peak of $1.393. And that most recent daily candle? It’s an 8.47% drop-yeah, that’s right, another slap in the face for the bulls.

The MACD is still stuck in bearish territory, folks. The MACD line is at -0.033, and the signal line is at -0.037. Both below zero, like your favorite pair of shoes after a flood. There’s a slight positive tick in the histogram at 0.004, but don’t get too excited-it’s not enough to start planning your victory dance just yet.

And the Chaikin Money Flow (CMF)? It’s reading -0.12, meaning capital is flowing out of the market faster than a bad decision at a poker table. Sellers are still in charge of the volume, and there’s no sign of a comeback for the buyers unless we see a serious reversal. The CMF would need to climb back over zero for us to even consider popping the champagne.

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2025-12-02 01:24