$WIF/USDT SHORT TRADE PLAN
Entry Zone: 0.1473408 – 0.1478592
Take-Profit Targets:
TP1: 0.1440544
TP2: 0.1416907
TP3: 0.1381451
Stop-Loss: 0.1523274
The daily and 4H EMA structures remain bearish, with WIF trading below EMA50 and EMA200. This indicates that the broader market trend is pointing downward, keeping sellers in control.
Risk Assessment: WIF is showing relative strength against Bitcoin, gaining approximately 1.16% over 24 hours versus BTC. This could increase the risk of a temporary upward bounce before further downside.
The daily and 4H trends favor sellers, but relative strength against BTC creates additional bounce risk. Wait for confirmation before entering and maintain strict risk management.
Trade responsibly. Always manage leverage and position size carefully.
$WIF
Entry Zone: 0.1473408 – 0.1478592
Take-Profit Targets:
TP1: 0.1440544
TP2: 0.1416907
TP3: 0.1381451
Stop-Loss: 0.1523274
The daily and 4H EMA structures remain bearish, with WIF trading below EMA50 and EMA200. This indicates that the broader market trend is pointing downward, keeping sellers in control.
Risk Assessment: WIF is showing relative strength against Bitcoin, gaining approximately 1.16% over 24 hours versus BTC. This could increase the risk of a temporary upward bounce before further downside.
The daily and 4H trends favor sellers, but relative strength against BTC creates additional bounce risk. Wait for confirmation before entering and maintain strict risk management.
Trade responsibly. Always manage leverage and position size carefully.
$WIF
