- The wif destroys the long -term downtrend with eyes at $ 1.30 to the next.
- The accumulation of whale and bullish patterns returned to the uptrend narrative.
Dogwifhat (wif) again warms up, gets traction after a sharp 40% rally this past week and is currently trading at $ 0.67. The token is now trading around $ 0.67 with a trading volume to over $ 550 million-a clear sign that fresh interest is pouring from retail players and big money.
After weeks of integration and with sharp declines, the meme token shines strong returns signals in many timeframes. A trading volume, breakout patterns, and strengths to the key indicators today is a wif position for a potential multi-leg rally that can stretch beyond the $ 1 mark.
Wif separated Dowstrend, bulls set views on higher targets
After the months of the slide, the wif finally destroyed a stubborn descending run – a move in which businessman's businessmen pay attention. This breakout opens the door for a shift in momentum. The wif exceeds the 50-day EMA around $ 0.506; And now it's pushing towards major support levels at $ 0.80, $ 1.30, and possibly $ 1.97.
Analysts in the World of Charts mentioned This step “looks set for a 2 × run,” which signed a strong trust in an ongoing climb. Combined with higher volume and increasing chatter throughout the crypto circles, this setup led to the hope of a long -term trend.
The indicators show momentum builds under the surface
In recent weeks, the WIF price returned to $ 0.37 after the first was rejected in $ 0.50 line. But technical indicators show a bullish run. Kamag -child -child index -child at the peak of 96 suggests an overbought level, where price correction can occur before an additional bullish rally begins.
Meanwhile, the wonderful oscillator (AO) began to flash green bars. While still in the red zone, this shift shows that the sale of pressure is erasing. According to Fibonacci levels, if consumers hold the line, the wif can punch the area of $ 0.50 and head to $ 0.75 and $ 1.27.
That is said, if the momentum is breaking and the volume is drowned, there is a risk of a slide to $ 0.30. But so far, the bulls are in control, and the chart is leaning positively.
Whales loaded as breakout patterns confirm the shift
The chart is not the only thing that becomes head. Whale wallets quietly started loading the WIF, with a recent purchase of $ 30K at $ 0.639 and another $ 150k around $ 0.55. When large wallets enter, it usually means one thing is brewing.
The chart-wise, WIF only broke the two important bullish patterns-a opposite head-and-shoulder and a falling wedge. Both suggest more room to run. Even better, the token moved above the Ichimoku Cloud to the sun -day chart -a major signal used by many entrepreneurs to see reversals.
According to Solberg Invest, price targets For the transfer of this land between $ 1.10 and $ 1.70, with a possible purpose of $ 2 if Solana's meme coins maintain their momentum.
With coins like Bonk and Fartcoin that make titles, WIF can also ride that wave.
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