Dogwifhat (WIF) Set for Liftoff: Is $3.7 in Play?

TL;DR

• Dogwifhat kinds a basic cup and deal with sample, setting stage for doable breakout rally.
• Analyst sees WIF breakout targets at $1.75, $2.20, $2.85, and $3.70 if construction holds.
• Whale buys and rising Open Curiosity gasoline bullish momentum as the worth reclaims the $1.20 neckline.

Sample Suggests Shift in Pattern

Dogwifhat (WIF) is buying and selling close to a key stage after forming a cup and deal with on the every day chart. This setup started in March with a rounded base and continued with a sideways vary into July. The value now sits simply above the neckline between $1.20 and $1.25.

At press time, WIF trades at $1.23, displaying an 11% improve prior to now week. If the worth stays above this stage, it might verify a breakout. Help from the 100-day easy shifting common, round $0.84, has helped form the sample over the previous couple of weeks.

Ranges to Watch Carefully

Notably, the primary space of assist is close to $1.00. Under that, the $0.84 mark strains up with the shifting common. A deeper pullback may deliver the worth again to $0.70, which acted as a flooring throughout earlier consolidation.

If momentum continues, targets to watch are $1.75, $2.20, $2.85, and $3.70. These numbers mirror earlier worth reactions and the depth of the cup formation. Analyst Jonathan Carter wrote, 

“If the sample holds, we may see the worth surge towards targets at $1.75, $2.20, $2.85, and $3.70.”

#WIF

Dogwifhat is able to breakout off the neckline of a cup and deal with sample on the every day chart

If the sample holds, we may see the worth surge towards targets at $1.75, $2.20, $2.85, and $3.70 pic.twitter.com/11DMO5pq9B

— Jonathan Carter (@JohncyCrypto) July 22, 2025

Buying and selling Exercise and Chart Alerts

The Relative Power Index (RSI) is now close to 70. This stage typically reveals robust demand, although it might additionally counsel the necessity for a brief relaxation. On the amount profile, there’s a lighter zone above $1.30, which may enable sooner motion if the breakout continues.

Open Curiosity in WIF futures has grown to $660 million, in response to CoinGlass. That’s an 11.5% improve from the earlier week. Extra curiosity in futures typically factors to rising capital inflows from either side of the market.

A current buy by the agency WIFStrategy added to the momentum. On July 13, they acquired 500,000 WIF tokens. The value jumped 30%, hitting $1.30 earlier than settling close to $1.22. This transfer pushed WIF above its earlier channel, the place it stays on the time of writing.