Dogwifhat (WIF) is currently priced at $0.378742, reflecting a significant 9.48% decline in the last 24 hours. The price has fluctuated between a daily high of $0.419649 and a low of $0.37636, indicating a narrow trading range of 0.043289%.

The volume for WIF is robust at 166,640,679, contributing to a volume-to-market cap ratio of 44.05%. However, the hourly moving averages indicate a bearish trend, with all key SMAs (8, 13, 21, 55, and 144) showing declines ranging from 5.34% to 8.86% over recent periods.

Momentum indicators reveal a concerning situation, particularly with the 1-hour RSI at 10, indicating extreme oversold conditions. Meanwhile, the 7-day RSI stands at 44, suggesting a lack of strong momentum either upward or downward, which may lead to further consolidation or volatility.

The longer-term price changes are stark, with a 7-day decline of approximately 15.70%, a 14-day decline of 11.74%, and a substantial 30-day drop of around 30.43%. This trend reflects increasing bearish sentiment and potential selling pressure as the asset has significantly underperformed against its all-time high of $4.83 recorded earlier this year.

Given the current price action, bearish technical indicators, and negative momentum across multiple time frames, the recommendation for WIF is to Sell. This rating is predicated on the persistent downtrend, lack of recovery signals, and the substantial distance from previous highs, which suggests further downside potential in the near term.