$WIF $WIF /USDT Bounce or Breakdown?🔍 Double Confirmation Trade Setup
💰 Current Price: $1.123 (-3.85%)
🔄 Volume 91.26M USDT decent activity, but sellers slightly heavier
Market Structure & Sentiment
Price reject hua $1.18 se and now hovering near key level $1.12
RSI (1H) near 44 weak bullish bias but not oversold yet
Volume on pullback relatively high bears active
1H Structure: Descending highs with support test at $1.10–$1.12 zone
Double Confirmation:
✅ Volume spike + RSI reversal needed for long
✅ Break of $1.10 + 1H close below confirms short bias
Trade Setup👉$WIF
Option 1: Long on Reversal Bounce (Confirmation Needed)
📈 Entry: Above $1.14 with 1H bullish candle + RSI cross 50
🎯 TP1: $1.18
🎯 TP2: $1.24
⛔ SL: $1.10 below 1H close
Option 2: Short on Breakdown
📉 Entry: Below $1.10 with strong 1H candle close
🎯 TP1: $1.00
🎯 TP2: $0.92
⛔ SL: $1.14 reclaim with volume
💡 Pro Tip:
Wait for volume + candle confirmation avoid👉 jumping in early. WIF is but reacts sharply to levels respect structure.
Verdict: Neutral bias until $1.10 breaks (bearish) or $1.14 reclaims (bullish). Stay alert for double confirmation!
