$WIF /USDT ā Longs Swept Below $0.60!
WIF just saw a long liquidation of $1.38K at $0.5833, as price dropped sharply, catching buyers off guard and shifting momentum to the downside.
š Current Price: $0.5833
ā¢ 24H High: $0.6035
ā¢ 24H Low: $0.5780
š Market Structure:
ā¢ Break below key support zone triggering liquidations
ā¢ Lower highs and breakdown suggest potential for further downside
š Key Levels:
ā¢ Resistance: $0.5950 ā $0.6100
ā¢ Support: $0.5770 ā $0.5700
āļø Trade Setup:
ā¢ Short Entry Zone: $0.5850 ā $0.5950
ā¢ TP1: $0.5770
ā¢ TP2: $0.5700
ā¢ TP3: $0.5600
ā¢ Stop Loss: $0.6150
Pro Tip: A failure to reclaim $0.5950 could signal more downside and invite additional long liquidations.
$WIF under pressure ā short side looks favored!