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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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