$WIF is showing weakness across multiple timeframes, and I'm keeping the short side in focus.
The bearish structure remains intact below EMA50 and EMA200 on the 1D, 4H and 1H charts. 7 out of 12 technical signals also favour sellers.
SHORT $WIF /USDT
Entry: 0.1682183 – 0.1685817
TP1: 0.1656121
TP2: 0.1637535
TP3: 0.1609656
Stop Loss: 0.1721172
My plan is to secure 50% at TP1, another 25% at TP2, and leave the remaining 25% for TP3. After TP1, the stop moves to breakeven.
No chasing price. I'll only consider the entry if WIF returns to the planned zone.
The bearish setup remains valid unless price breaks above the stop level.
What's your take? Will WIF reach 0.1656 first, or invalidate the setup? #BinanceReopensWithdrawalsForMoreAssets #Write2Earn #Binance #Crypto
The bearish structure remains intact below EMA50 and EMA200 on the 1D, 4H and 1H charts. 7 out of 12 technical signals also favour sellers.
SHORT $WIF /USDT
Entry: 0.1682183 – 0.1685817
TP1: 0.1656121
TP2: 0.1637535
TP3: 0.1609656
Stop Loss: 0.1721172
My plan is to secure 50% at TP1, another 25% at TP2, and leave the remaining 25% for TP3. After TP1, the stop moves to breakeven.
No chasing price. I'll only consider the entry if WIF returns to the planned zone.
The bearish setup remains valid unless price breaks above the stop level.
What's your take? Will WIF reach 0.1656 first, or invalidate the setup? #BinanceReopensWithdrawalsForMoreAssets #Write2Earn #Binance #Crypto