The post Dogwifhat Price Attempts Trendline Breakout Amid Mixed Market Signals appeared on BitcoinEthereumNews.com.

Dogwifhat Price Prediction examines the recent technical setup of the coin, which shows early signs of a potential bullish breakout after an extended consolidation phase. Despite short-term hesitation across broader altcoin markets, the coin’s price action is testing a crucial descending trendline, drawing attention from traders anticipating a shift in momentum. Analyst Notes Breakout Attempt as Price Climbs 12% Crypto researcher Ruslan Khairullin highlighted a developing breakout pattern on the coin, noting that the token “looks ready to break out long.” The 4-hour coin chart displays a recent test of descending trendline resistance stemming from prior highs near $0.743, with current price action showing a breakout attempt above this line. Source: X At the time of analysis, the coin traded around $0.483 USDT, up 12.32% in the previous session. The chart shows recent consolidation between $0.422 and $0.499, followed by renewed upside movement backed by modest volume expansion — roughly 3.08 million tokens traded in 24 hours. Khairullin emphasized that the token “moves with BTC, not against it,” suggesting that the coin’s directional bias will remain tied to Bitcoin’s broader momentum. The analyst cautioned traders to “keep those stops tight,” as a potential BTC correction could quickly invalidate the token’s breakout setup. If the current breakout sustains above the trendline, market sentiment could shift bullishly, with short-term traders targeting continuation toward higher resistance levels. Still, confirmation through price follow-through and stronger volume remains essential to rule out a false breakout scenario. Market Data: Trades Lower at $0.47 as Market Consolidates According to BraveNewCoin, Dogwifhat is currently priced at $0.47, marking a 3.47% decline over the last 24 hours. The token holds a market capitalization of approximately $469.51 million, supported by a daily trading volume of $135.04 million. With an available supply of 998.9 million coins, the asset ranks 179th among…

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Filed under: News - @ November 9, 2025 9:16 pm