#Dogwifhat's price has remained stagnant on the daily chart over the past two weeks.
Current market consolidation indicates a symmetrical triangle pattern with dynamic resistance and support.
$WIF experienced a significant drop from $4.08 to $2.20 during the recent market downturn, marking a 45.85% decline.
Following a bounce off the lower trendline at $2.20, recent days saw a green candle formation indicating a temporary uptrend.
However, today's market activity reversed with a red candle, resulting in a 3% price decline.
According to Coingabbar analysis, If the pattern holds, $WIF may target the upper triangle boundary at $3.50, suggesting a potential 42% gain.
Conversely, a bearish reversal could drive the price towards its support trendline, signaling a shift towards a bearish trend upon breach.
KEY LEVELS :
RESISTANCE LEVEL : $3.0000-$4.0000
SUPPORT LEVEL : $1.9000-$1.0000
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