#WUSDT short momentum is stretched
#W is still strongly green, so I’d avoid shorting directly at 0.01617. The better setup is a rejection/retest from the nearby resistance zone.
Short entry: 0.01655–0.01690
SL: 0.01775
TP1: 0.01557
TP2: 0.01444
TP3: 0.01360
Invalidation: sustained move above 0.01775.
Volume is elevated, so expect sharp wicks. Binance’s current W data also shows a wide 24h range, reinforcing the need for confirmation.
My view: rejection first, then short no FOMO.
#W is still strongly green, so I’d avoid shorting directly at 0.01617. The better setup is a rejection/retest from the nearby resistance zone.
Short entry: 0.01655–0.01690
SL: 0.01775
TP1: 0.01557
TP2: 0.01444
TP3: 0.01360
Invalidation: sustained move above 0.01775.
Volume is elevated, so expect sharp wicks. Binance’s current W data also shows a wide 24h range, reinforcing the need for confirmation.
My view: rejection first, then short no FOMO.