Dogwifhat is back in the spotlight this week following renewed interest from traders after its expansion to Binance Smart Chain (BSC).

The market’s response has been swift, with charts suggesting early signs of a potential rebound from recent lows. Analysts across X are identifying key price zones that could define the coin’s next major move, positioning it as one of the more closely watched meme tokens in the current market cycle.

Whale Activity and BSC Launch Spark Momentum

According to Chinese Whale Capital, the recent BSC deployment has marked a major turning point for the token, drawing significant whale attention and inflows. The analyst, known for tracking large-scale blockchain transactions, highlighted that the co-founder’s move to launch the asset on BSC has already translated into notable liquidity growth, with figures hitting an all-time high of 1.94 million.

This surge has underscored renewed speculative interest, with the chart currently showing what appears to be a developing rebound structure.

Source: X

Market observers note that such whale-led accumulation phases often precede larger directional moves, particularly when coinciding with broader ecosystem expansion. In this case, the presence of heavy buying interest during the token’s transition period is being interpreted as an early signal of strengthening conviction. If these large holders continue accumulating, it could solidify the base for an upward continuation into Q4.

Market Data Shows Strength in Participation

Additionally, data from Bravenewcoin indicates that WIF is currently trading at $0.72, reflecting a 1.72% increase over the last 24 hours. Its market capitalization stands at $719.6 million, with daily trading volume surpassing $160 million, a clear sign of healthy market activity.

Source: BraveNewCoin

The token’s available supply of nearly 999 million tokens places it within the top 150 cryptocurrencies by market cap. Despite recent volatility, consistent buy-side volume continues to suggest accumulation at lower ranges. Traders are closely watching whether this momentum can propel the price beyond its short-term resistance levels near $0.75–$0.78.

Technical Shows Target Key Breakout Levels

From a technical standpoint, the analyst points out that Dogwifhat’s chart structure presents an attractive risk-to-reward ratio. The analyst identifies a “green box” demand zone, where the token has historically found strong buying support, as a critical accumulation area for traders seeking low-risk entries. Holding this region is considered essential for building the next leg of bullish momentum.

Source: X

Vegeta further emphasizes that a clean breakout and flip above $1.20 would likely serve as a major confirmation signal for the start of a new trend phase. Such a move would invalidate the current consolidation and open the door for an extension toward fresh highs, potentially retesting previous peaks observed during early-year rallies.

The bullish setup aligns with the broader sentiment that meme coins could see renewed speculative attention heading into the final quarter of 2025.