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WIF/USDT — SHORT SETUP
$WIF
Bias: SHORT · Moderate conviction
Entry Zone: 0.1743366–0.1750634
Invalidation / Stop Loss: 0.1833748
Take-Profit Targets:
• TP1: 0.1681939
• TP2: 0.1638565
• TP3: 0.1573504
Trade Management:
• Close 50% at TP1
• Close 25% at TP2
• Close the remaining 25% at TP3
• After TP1, move the stop to entry
Market Rationale:
WIF’s 4-hour and 1-hour structures remain bearish, with price positioned below the 50 and 200 EMAs on both timeframes. BTC weakness and WIF’s positive correlation with BTC may add downside pressure. The daily structure remains range-bound, so conviction is moderate rather than high.
Invalidation:
A move to 0.1833748 invalidates this bearish setup. A sustained reclaim above that level would indicate that sellers may be losing control.#WIF_Usdt #MomentumAcceleration
WIF/USDT — SHORT SETUP
$WIF
Bias: SHORT · Moderate conviction
Entry Zone: 0.1743366–0.1750634
Invalidation / Stop Loss: 0.1833748
Take-Profit Targets:
• TP1: 0.1681939
• TP2: 0.1638565
• TP3: 0.1573504
Trade Management:
• Close 50% at TP1
• Close 25% at TP2
• Close the remaining 25% at TP3
• After TP1, move the stop to entry
Market Rationale:
WIF’s 4-hour and 1-hour structures remain bearish, with price positioned below the 50 and 200 EMAs on both timeframes. BTC weakness and WIF’s positive correlation with BTC may add downside pressure. The daily structure remains range-bound, so conviction is moderate rather than high.
Invalidation:
A move to 0.1833748 invalidates this bearish setup. A sustained reclaim above that level would indicate that sellers may be losing control.#WIF_Usdt #MomentumAcceleration