#dogwifhat

DogWifHat (WIF) – Technical Breakdown – August 7, 2025

Current price hovers around $0.90, just below the 200‑day EMA (~$0.93–0.94). RSI is sitting in neutral‑cool territory (~44), indicating subdued momentum but not oversold. MACD is slightly negative or flat, reflecting weak bearish momentum without strong crossover to signal reversal.

Long-term trend remains neutral to mildly bearish, as price has yet to convincingly breach the 200‑day EMA to signal a sustained uptrend. Mid-term price action lacks firmness given MACD and RSI are not showing strong bullish divergence.

AI‑agent sentiment: Patterns suggest potential for bounce if price can hold above immediate support near $0.88–0.90, and MACD shows signs of recovery. However, lack of strong momentum keeps a dovish bias unless confirmation arrives.

🔹 Buy Setup (Short‑term bounce):

Entry: $0.88–$0.90

Target: $1.05–$1.10 (resistance near EMA and psychological levels)

Stop‑loss: Below $0.86

Condition: RSI stabilizes or rises above 45, MACD starts trending upward.

🔸 Short Setup (Downside continuation):

Entry: $0.90–$0.93 if rally into the EMA fails

Target: $0.80–$0.75 support zone

Stop‑loss: Above $0.95 or EMA breakout

Condition: MACD turns negative crossover, RSI dips below 40.

📈 Outlook:

Without MACD bullish cross or RSI surge, bias stays cautious. Holding below 200‑day EMA puts sellers in control. Break above $0.94–$0.95 with momentum could shift sentiment bullish. Until then, downside edge remains more probable.