$WIF Pullback in Play Watching for Signs of Stability
#WİF is seeing a sharp pullback today, down -7%, currently trading at 0.9646 after failing to hold above 1.09. The 1H chart shows a clear trend of lower highs and lower lows, with all major moving averages (5, 10, 30) starting to slope downward.
Trade Setup:
• Entry: 0.9600 – 0.9650 (if candles start to base out)
• Stop Loss: 0.9420
• Target 1: 0.9850
• Target 2: 1.0100
• Target 3: 1.0400
Key for the bulls is reclaiming above 0.9850 with decent volume. If that happens, short-term relief towards the 1.01+ area could be on the cards.
But if price keeps slipping under 0.9600, watch for another leg down.
Always protect capital first it’s still very much a seller’s market here.
