$WIF /USDT FACES STRONG REJECTION – BEARS MAY TAKE THE WHEEL SOON!
$WIF /USDT failed to break above the $0.655 resistance and has shown multiple rejections with long wicks on the 1H chart, indicating weakness in bullish momentum. The price is now hovering near $0.635, and any drop below the $0.628 level could trigger a fresh bearish wave.
Trade Setup:
Short Entry: 0.634 – 0.638
Take Profit (TP): 0.615 / 0.602
Stop Loss (SL): 0.649
Outlook:
Market structure on the hourly chart suggests indecision with lower highs forming. If bears manage to push below $0.628, downside continuation is likely. A breakout above $0.655 would invalidate this setup.
Command: Catch the rejection before the fall deepens!
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