Dogwifhat (WIF) is currently trading at $0.317195, reflecting a 24-hour decline of 2.87%. The daily trading range has been relatively tight, with a high of $0.326648 and a low of $0.305626, indicating limited volatility.

Trading volume stands at 115,180,794, contributing to a market cap volume ratio of 36.34%, which is considered moderately healthy. The moving averages show mixed signals: the shorter-term SMAs (8, 13, and 21) are slightly positive, while the longer-term 55 and 144 SMAs are in decline, suggesting a potential bearish trend over a longer timeframe.

The 1-hour RSI is at 51, indicating that the asset is neither overbought nor oversold in the short term. In contrast, the 7-day RSI at 45 signals a bearish sentiment, particularly given a significant price drop of approximately 19.61% over the last two weeks.

The price performance over the past month shows a decline of around 13.43%, reinforcing the recent bearish trend. Furthermore, the all-time high of $4.83 reached in March 2024 is far above the current price, suggesting a substantial potential upside but also reflecting a significant drawdown.

Based on the current technical indicators and the recent price performance, the recommendation is to Hold. While the short-term moving averages indicate potential for a bounce back, the longer-term trends and RSI metrics suggest caution is warranted before making any buying decisions.