Potential short opportunity identified for WLFI. The market appears to be positioning for a downward move, aligning with key technical signals.

$WLFI /USDT - SHORT 📉

Here is the proposed trade plan:

Entry: 0.120335 – 0.121923
SL: 0.12589
TP1: 0.116368
TP2: 0.114781
TP3: 0.111607

This setup is supported by multiple technical indicators. The 4H chart suggests a short opportunity, while RSI on lower timeframes, such as the 15m at 39.28, points to underlying weakness.

Price is actively testing a significant 1H resistance level, indicating a potential rejection ahead. Furthermore, the daily trend remains range-bound, suggesting a move to the downside could be the path of least resistance for a swing trade. 📊

A crucial point for traders is whether this marks the start of the anticipated leg down to TP1, or if the current range will hold. Monitor price action closely.

Trade responsibly. 👇