WIF Eyes Bullish Expansion as Range High Nears

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WIF Eyes Bullish Expansion as Range High NearsDOGWIFHAT/USD TETHER PERPETUAL SWAP CONTRACTBLOFIN:WIFUSDT.PThe_Alchemist_Trader_WIF (W-I-F) is gearing up for a potential parabolic move as it presses against key range high resistance. A confirmed breakout from this level, supported by rising volume, could trigger a bullish expansion first toward the $1.60 mark, with a secondary target of $2.60 in play. Technically, the asset has reclaimed its 200-day moving average — a strong bullish signal that often precedes trend continuation. However, the current volume profile remains below average. For this breakout to be considered valid and sustainable, it must be accompanied by a noticeable surge in volume. As long as price breaks above the range high with strong volume support, WIF remains poised for significant upside in the coming weeks and months. The overall structure suggests bullish continuation — but volume confirmation will be the key trigger to watch.