$WIF /USDT

$WIF – Bearish “M” Pattern (Double Top)

• Pattern Type: Bearish reversal (Double Top / “M” pattern)

• Formation:

• Two distinct price peaks at similar high levels

• Peaks separated by a moderate trough

• Trough low forms the critical neckline support

• Volume Insight: Declining on the second peak, signaling weakening bullish momentum

• Confirmation: Breakdown below the neckline

• Price Projection: Expected downward move roughly equal to the height of the pattern

Takeaway: This pattern signals that the recent rally may be over, and sellers could dominate in the near term.

$WIF