🚀 $WIF /USDT Rebounds Sharply — Is the Doghouse Days Over?
🕓 Timeframe: 4H | 💰 Current Price: $0.855
📊 Technical Analysis
WIF (Dogwifhat) is showing a promising recovery after an extended consolidation below the $1 psychological level. The current 4H breakout is backed by:
✅ Clean break above all major MAs (7, 25, and 99)
✅ Volume spike indicates fresh interest
✅ Price has reclaimed the 99 MA ($0.841), historically a momentum ignition signal
🐾 Past rally in early May led to a sharp impulse — current setup mirrors that structure
🎯 Bullish Targets
1️⃣ Target 1: $1.10
Local resistance zone from early June
Acts as psychological resistance and first real test for bulls
2️⃣ Target 2: $1.38
Major resistance where previous rallies paused
Needs strong momentum and volume to flip
3️⃣ Target 3: $1.72
Extended target near previous double top formation
If reached, confirms macro bullish reversal pattern (rounded base)
🛑 Suggested Stop-Loss:
Below $0.78 (beneath short-term MA cluster and breakout structure)
Conservative: $0.72 (under last consolidation lows)
🔍 Final Thoughts:
WIF might be woofing back to life. The technicals point to a possible trend continuation move. As long as it stays above the $0.80 zone, momentum remains in bulls’ favor. Watch volume and sentiment closely for follow-through.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!