$WIF /USDT short trade signal 🚦 🛑
BEARISH REVERSAL IN PLAY — WATCH FOR DOWNSIDE PRESSURE!
$WIF has failed to hold above the key resistance zone near $1.39, printing a strong rejection candle and pulling back toward $1.17. This signals a likely short-term correction, especially if price closes below $1.15. The momentum from its rally is fading, and bears are starting to take control.
Trade Setup:
Entry (Short): $1.16 – $1.18
Take Profit (TP): $1.08 / $1.02 / $0.95
Stop Loss (SL): $1.23
Market Outlook:
Although the broader trend remains bullish, this sharp rejection from recent highs suggests a potential retracement. If volume increases on red candles, the correction could deepen quickly toward the previous breakout levels.
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