🛑 $WIF at the Edge: Bounce or Breakdown? 🐶📉
$WIF is stuck at $0.771, down -0.26%, after hitting a critical low of $0.734 — price remains under pressure below the Bollinger Mid Band.
📊 Bearish Setup (1H Chart)
🔻 Entry Zone: $0.770 – $0.780
🎯 TP1: $0.758 – Lower Bollinger Band
🎯 TP2: $0.734 – Support low
🎯 TP3: $0.725 – Breakdown zone
🛑 Stop Loss: $0.793 – Upper Bollinger limit
⚠️ Rejection from the mid-band and consistent lower highs signal weakening momentum.
Short-term sellers are in control unless bulls reclaim $0.776+.