$WIF /USDT BEARISH PRESSURE BUILDS AS PRICE SLIDES BELOW KEY EMAs—MORE DOWNSIDE AHEAD?
Immediate Market Move:
$WIF is down -6.79%, currently trading at $0.727, and struggling below all major EMAs — EMA(7): $0.725, EMA(25): $0.739, and EMA(99): $0.761. This breakdown from the recent high of $0.782 to a low of $0.715 indicates selling momentum gaining strength. Unless WIF reclaims $0.739 soon, the bearish structure is likely to persist with further downside expected.
Trade Setup:
Entry (Short): $0.728
Targets (TP): $0.705 / $0.680
Stop Loss (SL): $0.745
Market Outlook:
With increasing volume on red candles and clear rejection from EMA resistance zones, WIF appears to be in a short-term bearish phase. A breakdown below $0.715 could lead to accelerated losses, while only a strong push above $0.745 would shift the outlook back to bullish.
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buy and trade here on $WIF