Dogwifhat (WIF) is currently priced at $0.365131, with a slight decline of -0.09107% over the last 24 hours. The daily price range has been between $0.345716 and $0.370109, indicating moderate volatility in the short term.

Trading volume stands at approximately 156.9 million, representing 43% of the market cap, suggesting active market participation. The hourly moving averages show a bullish trend, particularly the 55 SMA and 144 SMA, which are both gaining momentum at +3.15% and +3.18% respectively.

The 1-hour RSI at 56 indicates that WIF is nearing overbought conditions, which could suggest a temporary pullback. However, the 7-day RSI at 46 indicates a neutral position, while the significant negative price changes over the last 7, 14, and 30 days reflect a broader bearish trend.

Despite the current price being significantly lower than the all-time high of $4.83 reached in March 2024, the recent price movements show potential for recovery. The current price is roughly 92% below that high, indicating substantial room for upward movement if market conditions improve.

Given the combination of short-term bullish indicators and longer-term bearish trends, the recommendation is to Hold. While there are signs of potential recovery, the ongoing negative momentum and the significant decline from the all-time high suggest caution before making any aggressive moves.