WIF/USDT Weekly Chart Analysis – June 11, 2025

The chart for WIF (Dogwifhat) on the weekly timeframe shows a bullish breakout setup emerging from a long-term descending channel. Price has bounced off the lower boundary and is now pushing higher.

🔍 Key Technical Highlights:

Current Price: $0.996

Structure: Descending channel (breakout in progress)

Momentum: Weekly candle closed +12.04%, indicating strength

🎯 Potential Upside Targets:

$1.70 – Breakout confirmation zone

$3.00 – Mid-channel horizontal resistance

$4.20 – Full breakout target at channel top

📈 Technical Outlook:

A clean breakout above $1.00 and hold above it may validate the bullish reversal.

Watch for a retest of $1.00 as support before continuation.

If momentum continues, WIF could target $3.00 and $4.20 in the coming weeks.

📌 Summary Strategy:

Buy Zone: On confirmation of breakout & retest (~$1.00)
TP1: $1.70
TP2: $3.00
TP3: $4.20
Invalidation: Break below $0.85 (channel base)