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WIFUSD targeting $3.00 on this Channel Down bottom signal.

Dogwifhat (WIFUSD) has been trading within a Channel Down pattern on the 1W time-frame, which on the greater scale looks like a giant Bull Flag. Regardless of that, the price almost hit the pattern's bottom (Lower Low trend-line) and with the 1W RSI stabilizing like on the August 05 2024 Low, we should now see that start of its technical Bullish Leg.

The previous Bullish Leg reached marginally above the 0.786 Fibonacci retracement level, so our current Target is $3.000.

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