The WIF meme coin, a popular Solana-based coin, is facing a potential price decline as it fails to hold key levels of support. Technical analysis suggests that if WIF closes below $2.565, it could see a 23% decline to the next support level at $2. On-chain metrics also indicate selling pressure, with $10 million worth of WIF inflows to exchanges. This suggests holders may be dumping their holdings, further contributing to the potential price decline. Currently trading near $2.52, WIF has seen a 12% decline in the past 24 hours.



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