WIF still looks soft inside the daily bearish stack.
🔴 SHORT $WIF /USDT: expecting price to go DOWN Bias: SHORT · Leaning
Entry: 0.1773410 – 0.1776590 TP1: 0.1751166 (-1.3%) TP2: 0.1735276 (-2.2%) TP3: 0.1711442 (-3.6%) SL: 0.1806779 (+1.8%) Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1. Note: moderate conviction only, keep size light.
Why SHORT? WIF checklist: 3/12 agree, 1 against. • Daily trend down (below EMA50 & EMA200) • 4h trend down (below EMA50 & EMA200) • Sellers are driving the move (15m ADX 21.2) Watch: Range bottom, buyers often step in (RSI z −3.73) Watch: The idea is wrong if price reaches the stop at 0.1806779
Net read: The daily and 4h bearish stacks support the short, but the 1h RSI near the bottom of a range suggests buyers may step in, so conviction stays moderate.
Where do you set your stop for this short?
Chart with every level below.
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