🔴 $WIF USDT BEARISH REVERSAL – SELLERS PUSHING FROM KEY RESISTANCE 🚨
$WIF is showing clear signs of rejection after testing the resistance zone near $0.814, currently trading around $0.795. Bears have stepped in aggressively, hinting at a potential downside move if the support at $0.793 fails to hold.
📊 Key Levels:
Resistance: $0.811 – $0.814 (major rejection zone)
Support: $0.793 immediate, $0.761 stronger support below
Current Price: $0.795
💥 Trade Setup (Short):
Entry: Below $0.793 (breakdown confirmation)
Take Profits:
TP1: $0.780
TP2: $0.761
Stop Loss: $0.811 (above rejection zone)
🔍 Market Outlook:
Momentum is shifting bearish after multiple rejection candles near resistance. Breaking below $0.793 could trigger a quick move towards $0.761 in the coming sessions.
⚠️ Risk Management:
Maintain tight stop loss above resistance. Risk only 1-2% per trade to preserve capital amid potential volatility spikes.
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💬 Comment “🟥 WIF Short” if you’re targeting this clean bearish move today!
buy and trade here on $WIF