WIF, the popular Solana-based meme coin, is making waves again after months of quiet trading. WIF price has climbed back above $1.00 and is now heading toward the $1.20 resistance zone, a level that stopped rallies earlier this year. 

Prominent analysts on X(Formerly Twitter), shared charts highlighting the move, and pointed out fresh momentum and stronger buying interest.

This rebound comes after a rough start to the year. WIF price dropped hard from above $2.00 in January to under $0.40 by March, marking a big correction from its earlier highs. 

Things started to change in April as the price began forming a base. Over the past few weeks, it has built a rounded bottom pattern and broken out of its consolidation zone. 

As of today, WIF price is trading around $1.10, up more than 40% from recent lows.

Why This Price Zone Is Key for WIF

For months, WIF buyers have been defending key levels. The $0.40 zone held firm during the downturn, and by late June, the token made a higher low around $0.60–$0.65. 

Source: X/Cryptodoc

That move kicked off the current uptrend. Now, the $0.87–$1.06 range is seen as a strong buy zone because WIF price spent weeks consolidating there. 

This range also lines up with major moving averages, which often act as support in an uptrend.

WIF Price Approaches Key Resistance Ahead

The real test comes at $1.20. WIF failed to clear this level twice before, in May and June. If bulls push through this time, the next stop could be the $1.45–$1.50 area, where heavy selling came in during the last breakdown. 

Source: X/Raintures

A run toward $2.00 would be a longer-term goal, but for now, holding $1.06 on any pullback is key for keeping momentum alive.

Read Also: Dogwifhat (WIF) Price Flips Bullish: This Chart Shows There’s a “Long Way to Go”

What Traders Are Saying

On X, Raintures pointed out that breaking above $1.00 signals a possible trend flip, with volume picking up across Solana. Cryptodoc called the move a breakout, and noted that WIF price is already up 40% in spot markets.

Both updates show that sentiment is turning positive again. With the community backing and technicals lining up, all eyes are now on $1.20 to see if WIF can confirm its comeback.

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