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Is WIF the Next 2x Memecoin? Here’s What the Chart Says

  • The price of dogwifhat (WIF) is showing signs of life after weeks of consolidation, trading just under $1.00 with bullish sentiment on the rise.
  • Higher lows forming on the chart suggest accumulation, with a crucial pivot point reclaimed at $0.857 indicating bullish control.
  • If WIF price breaks and holds above $1.00, Fibonacci extensions project potential targets at $1.27 and $1.42.
  • The Relative Strength Index (RSI) is bullish, with a shift in momentum and potential for a short-term breakout if the $0.99–$1.02 resistance level is surpassed.

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