$WIF

USDT BEARISH BREAKDOWN – MAJOR DROP INCOMING

The chart reveals a clear bearish continuation pattern with repeated rejection at resistance and aggressive downside structure. Current price is 0.866 (-6.28%), highlighting strong seller dominance.

🔑 Key Levels:

Resistance: 0.882 – 0.883 zone (heavy rejection area)

Support: 0.777 – 0.776 zone (major demand zone)

Current Price: 0.866

📉 Trade Setup (Short):

Entry Zone: 0.865 – 0.870

Take Profit (TP): 0.777

Stop Loss (SL): 0.883

📊 Short Market Outlook: Price broke below the support retest region and is sustaining under the key level of 0.882, suggesting further bearish continuation towards 0.777 support. Momentum is deeply negative with strong red volume candles, indicating a high probability for extended downside.

⚠️ Risk Management: Risk only 1-2% per trade to protect capital. Stick strictly to your stop loss as sharp pullbacks are common in breakdown phases.

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