- WIF holds above $0.75 support as analysts focus on $1.38 breakout trigger for next rally.
- RSI at 47.10 and strong volume signal potential upward move toward $1.50–$2.10 range.
- Triangle pattern breakout above $1.38 could open a path to retest early 2025 highs near $3.
Dogwifhat (WIF) is trading at $0.9195 as market attention turns to the $1.38 resistance level. Analysts view a break above this price as a potential trigger for a stronger upward move toward previous highs. Technical indicators and trading volume patterns suggest the market is preparing for possible expansion.
WIF Price Action and Key Resistance
The WIF weekly chart shows trading between $0.60 and $3.00 from February 2024 to August 2025, according to analysis prepared by Crypto Monkey. Price peaked near $3.00 in early 2025 before falling to $0.55 in April 2025.
The market then reversed and moved toward $1.25 in June, meeting resistance at that level. Support has consistently held above $0.75, with recent consolidation around the $0.95 pivot point.
According to Ali Martinez, WIF is consolidating in a triangle pattern, and a bullish breakout toward $2 remains possible. The $1.38 level is viewed as a breakout trigger. Past attempts to break this threshold have met with selling pressure, but a successful move could open the path to higher levels.
Technical Indicators and Market Outlook
Current technical readings show the RSI at 47.10, which places WIF in neutral territory. This suggests there is room for movement in either direction. The MACD histogram stands at -0.0003, indicating weak bearish momentum.
WIF trades within its Bollinger Bands, currently at a 0.41 position, leaving space for an upward move toward the upper band at $1.08. Trading volume on Binance reached $87.5 million, suggesting continued market participation despite an 8.72% recent decline.
If price breaks above the $1.08 upper Bollinger Band and the $1.18 immediate resistance, analysts project a move toward $1.50–$2.10. The bullish scenario strengthens further if $2.10 becomes new support. Market watchers continue to track price action closely, as clearing the $1.38 resistance could set the stage for a move toward previous highs.
