Dog With Hat (WIF) – Market Analysis Update
WIF is showing bullish momentum, but key resistance levels must be cleared for continuation.
Current Resistance: $0.87 (Fibonacci 0.382 level)
Breakout Confirmation: Sustained move above $0.87
Next Target: $1.67–$1.69 (approx. 96% potential upside)
Key Support: $0.59
Structure: Bullish consolidation above $0.59 is healthy, but rejection at resistance may trigger a pullback.
Trade Setup (Swing Outlook):
Entry (Conservative): After breakout and retest above $0.87
Entry (Aggressive): Current levels if holding $0.59 support
Target: $1.67–$1.69
Stop-Loss: Below $0.59 for invalidation
Note: Watch for a strong breakout above $0.87 with volume to confirm bullish continuation.
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