MMEDF currently finding support on the orange trendline

My last chart was garbage this one should be a little easier to see. MMEDF currently finding support on the orange trendline. Needs to hold these levels or will possibly retest $1.97 area. Right now this still looks like a healthy dip although looking at NFLX, BYND, SPY and a few others I think we might have a little more downside so it's possible we see $2. Even if we see a retest of $2, if we learned anything from the cannabis boom - "buy the dip"