$WIF USDC TECHNICAL ANALYSIS: BEARISH SETUP FOR SHORT OPPORTUNITY
The $WIF USDC pair is showing bearish momentum on the 1h and 4h timeframes. EMA alignment indicates selling pressure with EMA(7) below EMA(25) and EMA(99) providing strong resistance. Recent rejection near 0.5673 suggests the market is likely to continue downward. Price is hovering below key short-term EMAs, signaling further downside potential.
Trade Setup:
Entry: Short around current resistance zone
Targets (TP): $0.5560, 0.5530, $0.5500
Stop Loss (SL): 0.5778
Risk Management: Maintain a maximum risk of 2–3% of your trading capital per trade. Monitor leverage closely to avoid liquidation in case of sudden volatility spikes.
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