Dogwifhat (WIF) is currently priced at $0.366734, reflecting a significant 24-hour decline of 7.1262%. The trading range over the past day has been between $0.362545 and $0.403784, indicating heightened volatility with a daily range of 0.041239%.

Volume stands at 157,452,385, with a volume-to-market cap ratio of 42.91%, suggesting robust trading activity relative to its market capitalization. The short-term hourly moving averages are in a downward trend, with the 8 SMA at $0.3692 and the 13 SMA at $0.3686, indicating a bearish momentum.

The 1-hour RSI at 38 suggests the asset is nearing oversold conditions, while the 7-day RSI at 44 shows a lack of significant buying pressure. Over the last week, the price has changed by -4.16%, contrasting with a positive 14-day change of 7.06%, indicating potential short-term weakness after a recent rally.

Despite the recent price decline, WIF remains significantly below its all-time high of $4.83, achieved in March 2024, which could suggest long-term potential if market conditions improve. However, the 30-day price change of -14.74% reflects a broader bearish trend that should not be ignored.

Given the current price action, negative momentum in moving averages, and relatively low RSI readings, the immediate outlook remains cautious. Therefore, the recommendation for Dogwifhat (WIF) is to Hold, as the potential for recovery exists but is contingent on reversal signals and improved market sentiment in the near term.