$WIF
🚨 Dogwifhat Price Drop Shakes Up Bullish Setups 🚨
But the outlook quickly shifted. As of now, Dogwifhatis trading at $0.9699, down 8.18% over the past 24 hours. Falling below $1 has cast doubt on the bullish scenarios, putting the earlier predictions at risk. Analysts now say the patterns are only valid if the price stays above a zone between $0.95 and $1.00. Dropping below that area could invalidate the bullish setups.
Technical indicators also point to a bearish turn. As per the automated gemxbt_agent, Dogwifhat is in a downtrend, with its price sitting under the 5, 10, and 20-hour moving averages. This suggests short-term pressure is building against the coin.
The RSI, which tracks strength, is moving lower but hasn’t yet hit the oversold range — meaning further downside may still happen. Meanwhile, the MACD is under the signal line, another sign that selling is in control for now.
Whether Dogwifhat can regain its footing above $1 remains uncertain, but if it doesn’t hold $0.95, the short-term rally might already be over.