Don’t let the giveaway throw you off—the breakout is the main play. At $WIF ’s current level, I’m watching for the next leg down. Both the daily and 4-hour charts are trading below the moving averages, and the RSI is weak, suggesting selling pressure hasn’t fully played out. Any bounce could run into resistance. In trading, we follow the structure: if price rebounds into the resistance zone above but volume fails to pick up, that’s a comfortable area for bears to watch.
Of course, if price establishes itself above the key level, this thesis is invalidated, so we need to define our risk limits in advance. For now, I’d rather wait for the rebound to lose steam before considering a trade—no chasing the drop.
🔴 Trade direction: Short
📍 Entry range: 0.1687058 – 0.1691346
🛑 Stop loss: 0.1731641
🎯 Take profit 1: 0.1657372
🎯 Take profit 2: 0.1636153
🎯 Take profit 3: 0.1604323
No need to chase the next big thing; it will come to you.
Stand alongside Sister Li, and make every moment count.
#WIF
Click below to trade 👇
Of course, if price establishes itself above the key level, this thesis is invalidated, so we need to define our risk limits in advance. For now, I’d rather wait for the rebound to lose steam before considering a trade—no chasing the drop.
🔴 Trade direction: Short
📍 Entry range: 0.1687058 – 0.1691346
🛑 Stop loss: 0.1731641
🎯 Take profit 1: 0.1657372
🎯 Take profit 2: 0.1636153
🎯 Take profit 3: 0.1604323
No need to chase the next big thing; it will come to you.
Stand alongside Sister Li, and make every moment count.
#WIF
Click below to trade 👇