WIF - The worst meme coin on the market?WIF / TetherUSBINANCE:WIFUSDTCrypto_Inside_trading⚡️ Hello, everyone! Today, I want to talk about a meme coin that many consider to be the worst on the market. Let's find out if this is really the case. WIF hyped up a lot at the beginning of the cycle. After the first wave of growth, liquidity began to gradually shift to altcoins, including memecoins. At that time, there weren't yet hundreds of thousands of memecoins with pump and dump schemes, and everyone went for the good old DOGE, PEPE, etc. Against the backdrop of their renewed popularity, WIF appeared. It quickly reached a huge capitalization of several billion dollars. And in the summer, when it seemed that the token was finished, it returned to growth and repeated its ATH. ➡️ Now it has passed another bottom and is trading at less than $1. At the end of June, the price broke through the downward trend, which potentially means a transition to a consolidation phase. Two gaps have formed at the levels of $2.774 - $2.168 and $3.887 - $3.080. And as we know, 99% of gaps close sooner or later. ⚙️ Metrics and indicators: Money Flow - forms a divergence with the price, and in an unexpected way. After all, during the recent rise to only $1.3, liquidity inflows were at November 2024 levels, when WIF was trading at its ATH! Support/Resistance - at current levels and below, there is high demand for the token. This could potentially mean that it has finally bottomed out. The nearest major resistance zone is at $1.4. Liquidity Depth - there is a huge difference in liquidity between the top and bottom. Almost 10 times. Since memecoins are highly speculative due to their volatility, huge positions are opened in the direction of movement with each movement. And since the price has been falling for a long time, a huge amount of liquidity has accumulated at the top. And as we know, the price moves from one liquidity to another — this is its fuel. Volume — in fact, sales volumes are gradually decreasing. But they have only recently reached a local peak, and it is too early to judge whether the decline has really begun. 📌 Conclusion: WIF looks terrible in a vacuum. But if you take a closer look at the chart and understand what is happening, unusual things become apparent. Demand for the token is still there and it is high. And such a huge amount of liquidity on top of that could easily push the price to a new ATH in the event of growth. Have a nice day, everyone!