#Dogwifhat (WIF) is presenting an intriguing bullish narrative, mirroring the recent surge in meme coins. The daily chart reveals a compelling story of recovery and potential.

Since August, $WIF has formed a robust uptrend, with higher lows indicating steady accumulation. The recent breach of the $2.50 resistance signals renewed buyer interest.

The RSI, currently at 64.74, paints a bullish picture. It shows strong momentum without entering overbought territory, suggesting room for further growth. The RSI's upward trajectory since August aligns perfectly with the price action, confirming the strength of this move.
Looking ahead, if WIF maintains its current trajectory, we could see it testing the $3 level soon. A break above this could pave the way to the next significant resistance around $3.50, aligning with June's highs.

However, caution is warranted. The $2.20 support level is crucial; a break below could signal a potential trend reversal. As always in the volatile meme coin market, proper risk management is essential. #Memecoins