WIF SHORT — Daily Bearish Stack Targets -4.0%
WIF stays bearish on the daily chart, with price sitting below both EMAs and pointing lower.
Entry: 0.1612623 – 0.1615377
TP1: 0.1589926 (-1.5%)
TP2: 0.1573877 (-2.5%)
TP3: 0.1549803 (-4.0%)
SL: 0.1646098 (+2.0%)
Note: moderate conviction only, keep size light.
Why: the daily trend shows price below both the 50 and 200 period EMAs in a bearish stack, meaning the big-picture trend is down.
Risk: buyers are driving the move (15m ADX 21.0).
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see this as a valid short setup here?
$WIF
WIF stays bearish on the daily chart, with price sitting below both EMAs and pointing lower.
Entry: 0.1612623 – 0.1615377
TP1: 0.1589926 (-1.5%)
TP2: 0.1573877 (-2.5%)
TP3: 0.1549803 (-4.0%)
SL: 0.1646098 (+2.0%)
Note: moderate conviction only, keep size light.
Why: the daily trend shows price below both the 50 and 200 period EMAs in a bearish stack, meaning the big-picture trend is down.
Risk: buyers are driving the move (15m ADX 21.0).
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see this as a valid short setup here?
$WIF
