Bitcoin’s breakout above $110,000 has reignited interest in meme coins, with BONK and WIF leading technical rallies through key resistance levels.
By Parshwa Turakhiya
Editor Marco T. Lanz
Updated
2 mins read
Bitcoin’s BTC $107 660 24h volatility: 1.4% Market cap: $2.14 T Vol. 24h: $22.67 B breakout above $110,000 has reignited risk appetite in meme markets. BONK and WIF are leading the rally with technical breakouts and rising volume. The dog coin trade is back on traders’ radars!
BONK BONK $0.000016 24h volatility: 1.7% Market cap: $1.27 B Vol. 24h: $427.41 M price climbs from $0.00001348 to $0.00001750 on July 3 before consolidating near $0.00001613. The move confirms a breakout from a descending trendline that capped price action for weeks, marking a shift toward bullish control.
BONKUSD price dynamics | Source: TradingView
Technical signals support the breakout. BONK has reclaimed the $0.00001500–$0.00001600 zone and closed above all major EMAs. The RSI has crossed above 50, signaling positive momentum for the first time since early June.
Price action remains constructive on the 4-hour chart, where BONK spiked beyond the upper Bollinger Band before stabilizing. If the current range holds, upside targets include $0.00002000, $0.00002500, and possibly $0.00003500 based on prior rejection zones.
$BONK Looking good From mentioned support zone 🚀🚀
Is it will be good idea to take entry from support zone ? pic.twitter.com/X8FAyYfnne
— Crypto TA King (@CryptoTA_King) July 3, 2025
Dogwifhat WIF $0.84 24h volatility: 5.4% Market cap: $836.19 M Vol. 24h: $350.26 M followed suit with a breakout above its symmetrical triangle resistance at $0.88, pushing above the key $0.90 mark. The structure had been forming since May, with price now confirming bullish continuation supported by rising volume.
WIFUSD price dynamics | Source: TradingView
WIF is trading above the 20 and 50 EMA cluster, with RSI at 54 and trending higher. Based on the pattern’s height, the next technical targets lie between $1.20 and $1.40, with intermediate resistance at the 200 EMA near $1.20.
The $0.88–$0.90 breakout zone now acts as immdiate support. As long as WIF holds above it, momentum remains in favor of bulls aiming for $1.10 and beyond.
Buying a bag of $WIF here
– Broke out of descending channel
– Broke through $0.9 resistanceNothings stops it from going up pic.twitter.com/vjEY7yGjOw
— Robert Mercer (@Robert_Klondike) July 3, 2025
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Parshwa Turakkhiya is a skilled financial writer with a strong background in covering crypto, forex, stock markets, and global finance. With a focus on translating complex financial topics into clear, actionable insights, he creates content tailored to both professional and retail investors.
