๐ $WIF /USDT Rebounds Sharply โ Is the Doghouse Days Over?
โญ Buy and trade here ๐ #spot
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๐ Timeframe: 4H | ๐ฐ Current Price: $0.855
๐ 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:
โ Clean break above all major MAs (7, 25, and 99)
โ Volume spike indicates fresh interest
โ Price has reclaimed the 99 MA ($0.841), historically a momentum ignition signal
๐พ Past rally in early May led to a sharp impulse โ current setup mirrors that structure
๐ฏ Bullish Targets
1๏ธโฃ Target 1: $1.10
Local resistance zone from early June
Acts as psychological resistance and first real test for bulls
2๏ธโฃ Target 2: $1.38
Major resistance where previous rallies paused
Needs strong momentum and volume to flip
3๏ธโฃ Target 3: $1.72
Extended target near previous double top formation
If reached, confirms macro bullish reversal pattern (rounded base)
๐ Suggested Stop-Loss:
Below $0.78 (beneath short-term MA cluster and breakout structure)
Conservative: $0.72 (under last consolidation lows)
๐ 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 bullsโ favor. Watch volume and sentiment closely for follow-through.
Disclaimer:Not financial advice! Always do your own research!
#NEWTBinanceHODLer #BinanceAlphaAlert $XRP $WIF #SaylorBTCPurchase