Dogwifhat Price Prediction: Holds Steady After Sharp Selloff as Open Interest Stagnates
The post Dogwifhat Price Prediction: Holds Steady After Sharp Selloff as Open Interest Stagnates appeared on BitcoinEthereumNews.com.
Dogwifhat price is entering a critical consolidation phase after a steep multi-week selloff pushed the memecoin to its lowest levels since early autumn. While the asset has managed to hold above the $0.32 floor and recover into the $0.35–$0.38 band, its latest price behavior suggests hesitation rather than strength. With sellers continuing to cap rallies and derivatives activity flattening out, the market remains uncertain on whether the coin is preparing for a breakout or merely pausing before deeper losses. Open Interest Levels Suggest Market Hesitation as Traders Avoid Aggressive Positioning At the time of writing, WIF/USD trades around $0.360, showing little net change as the market enters a tight consolidation range following an extended decline. After falling sharply from the $0.42–$0.44 region, the price found meaningful support near $0.32, where bargain hunters briefly stepped in. Since then, the rebound has been modest, and the token remains confined between $0.35 and $0.38—a structure consistent with indecision rather than trend reversal. Source: Open Interest Aggregated open interest remains anchored near 56.6 million, a clear sign that neither buyers nor sellers are establishing new dominant positions. The earlier decline in OI during the selloff highlighted significant liquidations and risk reduction, with traders pulling out capital as volatility surged. Now, the flatlining of both price and OI reflects a cautious standoff where market participants appear reluctant to commit to either direction until a stronger catalyst emerges. BraveNewCoin Data Shows a Sharp 24-Hour Surge but Broader Recovery Still Looks Fragile BraveNewCoin data shows the coin is trading near $0.37, up a notable 10.12% over the past 24 hours. Its market cap stands at $369.1 million, supported by an available supply of 998.9 million tokens and a daily trading volume of around $176 million. The strong intraday gain highlights improving speculative interest, though it must be…
Filed under: News - @ November 25, 2025 10:28 pm