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WIF/USDT Trade Plan

Current Price: 0.870 USDT (+4.35%)

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1. Neutral to Bearish Bias (Primary)

Entry (Short):

Price breaks below EMA(7) at 0.870 with bearish confirmation (e.g., RSI/StochRSI reversal or MACD histogram contraction)

Targets:

TP1: 0.840 (EMA 25 support)

TP2: 0.771 (EMA 99 long-term support)

Stop Loss: Above 0.890

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2. Alternative Bullish Scenario

Entry (Long):

Price holds above 0.870 and RSI(6) dips below 75 with StochRSI cooling

Target: 0.900 (psychological resistance)

Stop Loss: Below 0.840 (EMA 25)

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Key Factors

Trend: Price > all EMAs (bullish alignment) but extreme overbought signals urge caution

Overbought Indicators:

RSI(6) = 80.28 (overbought)

StochRSI = 91.60 (extreme overbought)

Williams %R = –7.90 (overbought)

MACD: Weak bullish momentum (histogram +0.001)

Volume: High but verify actual readings for anomalies

Volatility Watch: Monitor 2025‑05‑10 03:45 & 11:30 for event-driven spikes

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#AltcoinSeasonComing $WIF #WIF