🐶💥 WIF/USDT in observation: strategic entry before the breakout?
The meme token WIF (dogwifhat) is compressed within a descending triangle pattern, testing the base of the structure. With the current price at $0.831 (+7.5%), the scenario approaches the decision region.
📊 Technical analysis (1D):
Well-defined descending channel
Buying zone marked between $0.60–$0.65 ("Placing orders here")
TP1: region close to $1.20
TP2: bolder target around $1.60+
👉 I will leave scheduled orders at the base of the triangle; it may be the best risk/return point.
If it breaks up with volume, the movement could seek TP1 and even TP2 with liquidity relief.
📌 My view:
Waiting for a retest of the $0.60–$0.65 zone to enter with light DCA.
If it breaks strongly above $0.90, I may anticipate entry with a short stop below the previous low.
🧠 Meme token or not, technical analysis still speaks loudly.
👉 Are you positioned in $WIF or waiting to reach the point?
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