Technical analysis by VIPROSE about Symbol WIF: Buy recommendation (6/11/2025)

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: $0.996Structure: 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: $1.70TP2: $3.00TP3: $4.20Invalidation: Break below $0.85 (channel base)