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.