DogWifHat (WIF) has seen a strong bullish rebound over the last few days. Since Sunday night, the light-spireted memecoin managed to gain a whopping 34% in value during its peak, effectively reverting the losses suffered after June 16.
Now, $WIF has re-entered a key pivot zone. As price accumulates, buyers and sellers will clash to drive the price upwards or downwards. However, recent developments in the ecosystem, paired with strong buy momentum for the memecoin, may indicate that bulls may outperform bears in the $WIF market in the short term.
Range-Bound After The Surge
DogwifHat went from only $0.65 on Sunday night to as high as $0.88 today, marking a significant rally for the memecoin. The currency is currently valued at $0.84, trading at a 9% increase in value over the last week.
Now, $WIF is testing the key $0.85 zone, as buyers attempt a breakout. The $0.80 – $0.85 range has been a standout accumulation zone in 2025, where the price tends to pick up liquidity before moving up or down.
- Current Price: $0.845
- 24H Performance: +2.8%
- Weekly Performance: +9.6%
- Monthly Performance: -30%
DeFi Dev Corp Partnership
The recent validator partnership between DeFi Dev Corp and the Dogwifhat (WIF) community adds a fresh layer of momentum to WIF’s bullish narrative. The company has partnered with the WIF community to launch an exclusive validator node on Solana, further solidifying $WIF’s ecosystem presence.
Under the agreement, staking rewards will be split 50/50 between the company and the community after covering costs, giving holders a new way to participate in network growth. This collaboration marks a big win for $WIF, and could reinforce the idea of another bull run for the memecoin in the future.
Macro Risk is Still High
The Middle Eastern conflict is not yet done. Despite talks of a ceasefire, the reality is that no one really knows if the involved countries will respect the peace break, or resume hostilities in the coming days. While U.S. President Donald Trump has declared a “complete and total ceasefire” between Iran and Israel, the situation on the ground remains fragile.
This incident is particularly relevant for crypto and other financial assets because it could have serious repercussions on the world’s access to oil. Iran, responsible for over 4% of the world’s oil production, also oversees the Strait of Hormuz, a maritime chokepoint that sees 20% of the world’s oil transportation going through it daily.
Adding another layer of uncertainty, Donald Trump’s tariff truces are set to expire in a couple of weeks, and the outlook for global trade is anything but calm. For investors, this means navigating calmly through volatility, adopting the best risk management strategies, and staying alert to geopolitical developments.
WIF Price Action
Sunday’s surge effectively broke the downward trend $WIF had found itself in since June 6. However, if the memecoin slips below $0.82 – momentum could once again shift back into a bear playing field.
On a daily timeframe, RSI shows that despite this morning’s $0.88 attempt being rejected, price is still far from being “overbought” levels at the current 50.27 points. Adding to the outlook, the MACD suggests the month-long bearish histogram may be coming to an end, with a potential bullish crossover forming between its moving averages.
This suggests that the buying strength is not yet over, and that we could see further bullish continuation if $WIF breaks above $0.88.
Key Levels to Watch
- Current Resistance: $0.88
- Current Support: $0.82
- RSI (Daily): 50.27 — Neutral zone, room for momentum in either direction
- MACD: Bearish histogram weakening, potential bullish crossover in formation
- Breakout Target: A clean move above $0.88 could open a path to $0.92–$0.95 (5.12% to 11.96% increase from today’s price)
- Downside Risk: A dip below $0.82 may drag the price toward $0.79 to pick up liquidity
- Volume Watch: Sustained breakout likely needs higher volume confirmation
- Momentum Bias: Slightly bullish short term, contingent on holding $0.82
Overall, bulls appear to have the upper hand on the $WIF market. If macro news helps out, and we see an inflow of volume into the market, DogWifHat could go into another rally closer to the dollar mark.
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