🔥 WIFUSDC Perp: OVERSOLD CRASH! 64.30% Longs vs. Bollinger DN 0.60 – Dead Cat Bounce or Liquidation Tsunami? 🌊
📉 Bearish Dominance:
- MACD: -0.0058 (Weak bearish momentum).
- Price below Bollinger Mid (0.97) = Downtrend intact.
- OBV: -512M (Heavy selling pressure).
- 64.30% Longs = Liquidation risk if price drops further.
🚨 Oversold Signals:
- Stochastic RSI: 8.50 (EXTREME OVERSOLD 🚨).
- Williams %R(14): -72.38 (Oversold but not extreme).
- Price near $1.04 – No strong support until Bollinger DN 0.60.
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🎯 Trader’s Playbook:
1️⃣ Aggressive Long? ONLY if price stabilizes above $1.04 with a stop-loss below 1.00. Target: Partial recovery to 0.97 (Bollinger Mid).
2️⃣ Short Setup? Risky due to oversold StochRSI, but a break below 1.00 could trigger panic.
3️⃣ Wait for Confirmation: MACD bullish crossover, RSI >50, or volume surge.
⚠️ Critical Risks:
- 64.30% longs = Squeeze fuel if price rebounds, but crash risk persists.
- No nearby support = Freefall potential to 0.60.
#WIF #USDC #MemecoinCrash #OversoldAlert #HighRiskTrade
✅ TL;DR: Extremely volatile. Oversold bounce possible, but trend is bearish. Only trade with strict stop-losses! 🛑