For the past 24 hours, $WIF has been struggling to stay above $2.60, but it hasn’t been able to achieve this, $WIF is looking like it is getting ready for some solid dumps, we might see $WIF going below $2.20 or slightly above $2.3 anytime soon
Entering Short position at this point might be highly profitable if #WIF keeps struggling to go above $2.6
The entry point should be somewhere between $2.58 - $2.61
But you must also consider the fact that this a meme coin and meme coins are highly volatile
One news can cause you to go from $100 to $800
In seconds and another one can cause you to go from $800 to $100 in seconds, and this is where risk management and stop loss play a major role
You should know by now that nobody can accurately predict the crypto market
NFA
The End 🧸
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