Dogwifhat Price Correction Reveals Hidden Bullish Divergence: Is a Major Reversal Imminent?

Dogwifhat's recent price dip masks a compelling technical story brewing beneath the surface.

Hidden Bullish Divergence Emerges

While the token's price action shows lower lows on the chart, key momentum indicators are painting a different picture. The RSI and MACD are quietly forming higher lows—a classic divergence pattern that often precedes significant trend reversals. This sneaky bullish signal suggests weakening selling pressure despite the apparent downtrend.

Traders are watching these technical developments closely, knowing that hidden divergences frequently catch the market off guard. The pattern typically indicates that the underlying momentum is shifting before price action reflects the change.

Timing the Bounce

Successful reversal plays require patience and precise timing. Previous support levels and Fibonacci retracement zones become critical watch points for confirmation. A break above key resistance with volume could trigger the next leg up.

Of course, in crypto, even the prettiest charts can get wrecked by a single Elon Musk tweet—because nothing says 'sound financial analysis' like betting your portfolio on celebrity social media activity.

WIF price key technical points

• Support at $0.75: Confluence with value area low and bullish retest volume.
• Hidden bullish divergence: RSI shows lower lows against higher price lows.
• Upside target: Potential rotation toward $1.40 range high resistance.

Dogwifhat price action has recently bounced from its high-timeframe support, which sits in strong confluence with the value area low. This level has acted as a foundation for bullish demand to return, with volume inflows confirming that buyers are actively defending the region. The current reaction has helped establish a hidden bullish divergence, a technical condition where momentum indicators show weakness while price maintains higher-low formations. Historically, such signals often precede continuation moves.

The short-term challenge for Dogwifhat lies at the point of control, a key high-volume resistance that has triggered a corrective phase. This local retracement, however, does not invalidate the broader bullish structure. Price continues to print higher lows, which signals that the uptrend remains intact despite near-term selling pressure. As long as the $0.75 support zone holds, the market retains the probability of advancing toward its upper resistance levels.

Momentum indicators add weight to this outlook. The RSI has created a divergence by printing a lower low while price action established a higher low, confirming hidden bullish strength. This suggests that underlying momentum supports further upside, provided that RSI levels do not break lower. With the divergence intact, traders are monitoring whether the corrective leg will give way to renewed bullish inflows, potentially setting the stage for another expansion phase.

What to expect in the coming price action

If support at $0.75 continues to hold, Dogwifhat is likely to rotate toward the $1.40 range high. The bullish divergence and strong confluence zones strengthen the case for continuation. A breakdown below $0.75 WOULD invalidate this setup, but while structure and RSI remain aligned, upside targets remain the dominant probability.