WIF Price Flashes Rare Bullish Signal—130% Surge Possible
Dogwifhat (WIF) just triggered a technical pattern that historically precedes massive rallies. Traders are eyeing a potential 130% upside if history repeats—because in crypto, it always does (until it doesn’t).
The meme coin’s chart shows a near-perfect bullish setup, the kind that makes degens FOMO and hedge funds quietly update their short positions. No guarantees in this casino, but the dice are rolling.
Remember: past performance means absolutely nothing—except when it conveniently supports your bags. Happy trading.
WIF exchange inflow and outflow | Source: CoinGlass
Additional data from SolScan shows that the number of WIF holders has climbed steadily to over 236,000, indicating rising demand and investor confidence.
Moreover, WIF’s inflow/outflow ratio has turned negative over the past two days, suggesting that more investors are withdrawing their tokens from exchanges—a sign they may be preparing to hold as the price climbs. Futures open interest has also increased for two consecutive days, reaching $398 million.
WIF price technical analysis
WIF price chart | Source: crypto.news
Technical analysis indicates that WIF may have more room to run after forming a cup-and-handle pattern on the daily chart. The lower side of the cup was at $0.3185, the low from April 8, while the upper boundary sits at $1.3472, giving the cup a depth of approximately 76%.
The recent pullback from $1.3473 to a low of $0.7825 formed the handle portion of the pattern. Applying the same depth as the cup from the upper resistance suggests a price target of $2.3885, which WOULD represent a 130% increase from current levels.
