Dogwifhat (WIF) is currently trading at $0.373642, having experienced a 24-hour decline of 2.76%. The price fluctuated between a daily high of $0.385235 and a low of $0.372556, indicating a relatively tight daily range of 0.012679%.

The volume over the past 24 hours stands at 59,846,600, equating to a 16.05% volume-to-market cap ratio. Short-term moving averages are showing a bearish trend, with the 8 SMA at $0.3763, indicating a decrease of 0.72%, and the 21 SMA at $0.3800 reflecting a drop of 1.69%.

The 1-hour RSI is at 27, signaling that WIF is currently in oversold territory, which could imply a potential for a short-term rebound. Conversely, the 7-day RSI at 49 indicates a neutral market condition, while the price changes over the past week and fortnight (-1.87% and -7.60% respectively) show a downtrend in the mid-term.

Despite a positive 30-day price change of 7.23%, the recent declines suggest weakening momentum. The all-time high of $4.83 reached on March 31, 2024, underscores significant potential but is currently far from the present price.

Given the combination of bearish short-term moving averages, oversold conditions on the 1-hour RSI, and the recent price action, the immediate outlook for WIF appears cautious. However, the possibility of a rebound exists, warranting close monitoring.

Overall, the analysis leads to a Hold rating for WIF at this time. The current price levels, combined with the oversold short-term indicators, suggest potential for recovery, but the prevailing bearish trends necessitate caution before entering new positions.