Our $WIF short has been doing what it was supposed to be doing. Congrats for following. Stop loss above $1.91 horizontal support, very little risk, take Profit at $1.41.

$WIF another disastrous day today losing another 8% in market valuation. 👽

This memecoin has been showing a proper bear market behaviour, mostly caused by $DOGE decline, let's be real.

Yesterday i said I wasnt interested in buying any dips on this crap. But zooming out, I spotted one interesting support, which is a bottom of a major chart pattern that played out between July and November 2024, until it broke out to the upside to make ATH.

Thats my Cup & Handle, look to the left in the Daily chart. $1.4 is the only price that makes any sense until $WIF breaks back above its 200 SMA and Dogecoin starts and confirms a reversal again.