Strong

<p>Crypto analyst Spetsnaz_3 shared insights on X regarding the chart for <a href="https://captainaltcoin.com/floki-floki-price-targets-price-discovery-while-dogwifhat-wif-price-eyes-breakout/" target="_blank" rel="noopener noreferrer nofollow">Dogwifhat (WIF)</a>, signaling potential bullish momentum. In the tweet, the analyst highlighted a weekly breakout retest and a tapped order block, suggesting the asset might target its all-time high (ATH).</p>
<h2 class="wp-block-heading" id="strong-wif-weekly-breakout-retest-and-demand-zone-tap-strong"><strong>WIF Weekly Breakout Retest and Demand Zone Tap</strong></h2>
<p>WIF’s price action has demonstrated a breakout above a descending trendline that previously served as strong resistance during the downtrend. This shift in structure on the weekly timeframe indicates a move from bearish to bullish sentiment.</p>
<p>Notably, the price revisited the $2.8 region, identified as a weekly order block. This level represents a demand zone where buyers had previously shown interest.&nbsp;</p>
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  https://twitter.com/spetsnaz_3/status/1866654634498236761
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<p>By holding this zone, the price confirms it as a critical support area, setting the stage for a potential upward trajectory. Consolidation near $2.83 suggests the asset is preparing for its next major move. At press time, the <a href="https://coinmarketcap.com/currencies/dogwifhat/" target="_blank" rel="noopener noreferrer nofollow">memecoin trades at $2.98</a>.</p>
<h2 class="wp-block-heading" id="strong-key-support-and-resistance-levels-in-focus-strong"><strong>Key Support and Resistance Levels in Focus</strong></h2>
<p>The chart highlights several crucial levels that traders are monitoring. The $2.8 mark, which coincides with the order block and breakout retest, serves as the primary support. A failure to maintain this level could see the price revisiting $1.38, a historical support zone.</p>
<p>On the upside, WIF faces resistance between $3.7 and $3.9, where selling pressure may emerge. Beyond this range lies the ATH zone at $4.8 to $5.0, which remains the ultimate target. A break above the ATH could propel the asset into uncharted territory, <a href="https://coingape.com/dogwifhat-whale-moves-3m-tokens-to-coinbase-whats-next-for-wif/" target="_blank" rel="noopener noreferrer nofollow">entering price discovery</a>.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/this-solana-sol-price-pattern-maps-rally-to-4000/?preview_id=596854&amp;preview_nonce=c5efda7613&amp;preview=true&amp;_thumbnail_id=550216" target="_blank" rel="noopener noreferrer nofollow"><strong><em>This Solana (SOL) Price Pattern Maps Rally to $4000</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-bullish-and-bearish-scenarios-strong"><strong>Bullish and Bearish Scenarios</strong></h2>
<p>If WIF maintains the $2.8 support, analysts anticipate a rally toward $3.7, with a strong chance of testing the $5.0 ATH. However, a breach below $2.8 would invalidate the bullish outlook, potentially pushing the price lower toward $1.38.</p>
<p>Spetsnaz_3’s tweet emphasized the bullish retest of the breakout and the tapped order block, aligning with technical analysis for a continuation toward ATH.&nbsp;</p>
<p>The consolidation near support suggests that traders remain optimistic about further upside. Whether WIF reaches its ATH depends on how it navigates key levels in the coming weeks.</p>
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<p>The post <a href="https://captainaltcoin.com/dogwifhat-wif-price-holds-strong-at-key-support-massive-move-ahead/" rel="noopener noreferrer nofollow">Dogwifhat (WIF) Price Holds Strong at Key Support: Massive Move Ahead?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Dogwifhat (WIF) Price Holds Strong at Key Support: Massive Move Ahead?

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