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Dogwifhat’s rally fizzles: Will WIF bulls regain momentum soon?

Dogwifhat was trading below the range highs once again as the late-May breakout failed to stick. The trading volume slumped over the past ten days, which could be a clue about the market intentions.

While the memecoin has been in a consolidation phase since April, it has also slowly trudged higher up the price charts. This was remarkable considering the volatility of Bitcoin [BTC] in the past two months.