$WIF

Here's a concise technical analysis of **dogwifhat (WIF)** as of **August 16, 2025**:

📉 1. **Price & Trend**

- **Current Price**: **$0.88** (down **4-5%** in 24 hours) .

- **Short-Term Trend**: **Bearish**, with prices below key moving averages (50-day SMA: $0.97; 200-day SMA: $1.26) .

- **7-Day Performance**: Down **12-13%**, struggling to hold support .

📊 2. **Key Technical Signals**

- **Moving Averages**: Trading below all major EMAs/SMAs (8/13 indicators signal "Strong Sell") .

- **RSI (14)**: **43-45** (neutral but leaning bearish) .

- **Oscillators**: MACD and Stochastic RSI suggest "Sell" .

😨 3. **Market Sentiment**

- **Overall**: **Bearish** (13/25 technical indicators recommend "Sell") .

- **Fear & Greed Index**: **56 (Greed)**, contrasting with recent price drops .

⚖️ 4. **Critical Levels**

- **Support**: **$0.85** (24h low) → Breach could target **$0.76** .

- **Resistance**: **$0.92–$0.93** (24h high) → Break above needed for reversal .

💰 5. **Volume & Volatility**

- **24h Volume**: **$1.8B+** (active selling pressure) .

- **Volatility**: **High** (8-10% daily swings common) .

🔮 6. **Short-Term Outlook**

- Expect further tests of **$0.85 support**; a close below may trigger drops to **$0.76** .

- Bullish reversal requires sustained move above **$0.93** .

💎 **Key Insight**: WIF's meme-driven nature amplifies volatility. Monitor **Solana ecosystem trends** and **BTC movements** for broader market cues .