Dogwifhat (WIF) is testing a crucial support level near $0.7717 as the cryptocurrency market experiences significant selling pressure. The token has declined 4% in the past 24 hours, contributing to a weekly loss of over 10%. WIF is currently consolidating within a symmetrical triangle pattern, with the 200-day moving average at $0.7911 serving as a critical support point. A successful defense of this level could lead to a rebound towards $1.20, while a breakdown may result in further declines.