Memecoin dogwifhat surges 12% as leverage, volume, and open interest rise sharply.

The memecoin sector rebounded over 4%, led by dogwifhat (WIF) which surged 12%, making it a top gainer. This rally was supported by increased trading volume (+51%), rising open interest ($105M), and positive funding rates, indicating strong buyer dominance and leverage use. WIF is currently testing resistance at $0.20, with potential to reach $0.223 if it holds above this level. The market shows bullish signs but some profit-taking is occurring, suggesting cautious optimism among traders.