Crypto analyst Rekt Capital is closely tracking Dogwifhat (WIF) as it tests support at $0.76 amid a pullback.
The $0.76 support level is crucial for WIF as it has never been retested as support before, with a weekly close above signaling strength.
Despite the importance of $0.76, volatility is possible with a downside wick below, but stability is crucial for the range structure between $0.76 and $1.50.
Reclaiming momentum above $0.76 could pave the way for a rally towards $1.50, but failure to hold this level may lead to further downside.