🔴 $WIF/USDT – SHORT preferred!
WIF is showing clear selling pressure, with the trend pointing downward on the daily, 4H, and 1H timeframes. The price remains below the EMA50 and EMA200, indicating that sellers are in control.
📉 SHORT plan:
⟶ Entry: 0.16006 – 0.16034
• TP1: 0.15743
• TP2: 0.15558
• TP3: 0.15281
⛔ SL: 0.16390
⚠️ However, WIF has fallen quite far below the 1H EMA50, so the risk of a technical rebound is significant.
My personal view: I’m leaning toward WIF continuing to fall, but it’s best not to FOMO into a late short. Prefer waiting for the price to pull back to the entry zone, taking profits in stages, and protecting your capital.
Would you SHORT again or wait for WIF to recover? 🐶
WIF is showing clear selling pressure, with the trend pointing downward on the daily, 4H, and 1H timeframes. The price remains below the EMA50 and EMA200, indicating that sellers are in control.
📉 SHORT plan:
⟶ Entry: 0.16006 – 0.16034
• TP1: 0.15743
• TP2: 0.15558
• TP3: 0.15281
⛔ SL: 0.16390
⚠️ However, WIF has fallen quite far below the 1H EMA50, so the risk of a technical rebound is significant.
My personal view: I’m leaning toward WIF continuing to fall, but it’s best not to FOMO into a late short. Prefer waiting for the price to pull back to the entry zone, taking profits in stages, and protecting your capital.
Would you SHORT again or wait for WIF to recover? 🐶
