Dogwifhat’s $1.27 Resistance: Ascending Triangle Points to Breakout Potential

Dogwifhat, a Solana-based meme coin, is currently consolidating in an ascending triangle pattern, suggesting a potential breakout above the key resistance of $1.27. This breakout could unlock targets of $1.53, $1.68, $1.86, and $2.02 by late October, according to analysis from Ali Charts. The coin’s price has experienced a recent 8.48% decline, dropping to around $0.92 after an initial surge above the $1 mark.