Short $WIF at 0.129 on the 4H. Sellers have to defend this line.
Price is sitting just under 0.129 with the trend still heavy. I want a rejection here, not a chase. A close above 0.135 and the idea is done.
• 4H at 0.129 sits below the EMA50 at 0.153, so structure still favors sellers
• Daily is below the EMA200 at 0.192, the bigger picture backs it
• 1H RSI at 24, already oversold so this isn't a drop to chase
🔴 SHORT
Entry: 0.1281–0.1291
TP: 0.1247 / 0.1221 / 0.1182
SL: 0.1351
Not advice. Your risk.
Price is sitting just under 0.129 with the trend still heavy. I want a rejection here, not a chase. A close above 0.135 and the idea is done.
• 4H at 0.129 sits below the EMA50 at 0.153, so structure still favors sellers
• Daily is below the EMA200 at 0.192, the bigger picture backs it
• 1H RSI at 24, already oversold so this isn't a drop to chase
🔴 SHORT
Entry: 0.1281–0.1291
TP: 0.1247 / 0.1221 / 0.1182
SL: 0.1351
Not advice. Your risk.
