- $WIF retests its broken downtrend at $2.10–$2.15
- Trendline validation signals bullish momentum
- Strong setup for a potential sustained uptrend
A Bullish Turnaround for Dogwifhat
Dogwifhat ($WIF) has officially flipped its long-term descending trendline into support — a strong technical signal for bullish traders. After weeks of consolidation, $WIF broke above this trendline and has now pulled back to retest the $2.10–$2.15 zone, precisely where the line was previously acting as resistance.
This “textbook” retest shows that what was once a ceiling is now a floor — a classic move in technical analysis that often precedes further upward movement.
Why This Retest Matters
In crypto, trendline retests are critical for confirming a breakout’s strength. Many breakouts fail without a proper validation, but $WIF has now solidified its position by bouncing off this key level. The retest offers confidence that bulls are in control and that the momentum is sustainable, not a short-term spike.
By holding the $2.10–$2.15 range, Dogwifhat positions itself for a possible push toward previous highs. As market sentiment shifts, traders are increasingly viewing $WIF as more than just a meme — it’s showing real technical strength.
What’s Next for $WIF?
If bullish momentum continues, the next key resistance levels to watch lie above $2.50. Breaking those could open the door to retesting the all-time highs. On the flip side, if the trendline fails to hold in future pullbacks, traders may look toward the psychological $2.00 level as support.
Still, as of now, the “hat is staying on” — and that’s good news for $WIF believers.
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