Dogwifhat (WIF) has shown resilience in the face of mild losses, maintaining key support levels as whale wallets amass over 39 million tokens. WIF's trading range fluctuated between $0.821 and $0.864 in the last 24 hours, indicating a stable consolidation around $0.8319 after a slight decline of 1.17%. Technical analysis revealed a critical support area near $0.835, confirmed by significant trading volume. This accumulation aligns with broader activities in the memecoin sector, particularly as sentiment improved following positive U.S. jobs data and the passage of economic legislation by Congress. Although broader cryptocurrency markets face challenges due to shifting monetary policies, WIF's on-chain fundamentals appear strong. If these trends continue, a retest of the $0.86 mark may be possible in the near future. The recent surge in whale activity underscores the bullish potential as WIF navigates through this volatile environment.

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