🟥 $WIF
USDT BEARISH – EXPECTING A SHARP DROP IF REJECTION HOLDS
$WIFUSDT is showing weakness after retesting key resistance. Sellers are regaining control, and a bearish continuation looks likely if this rejection confirms.
🔑 Key Levels:
Resistance: $0.857
Support: $0.755
Current Price: $0.831
📉 Trade Setup (Short):
Entry Zone: $0.850 – $0.857 (near resistance rejection zone)
Targets (TP):
TP1: $0.800
TP2: $0.755 (major support zone)
Stop Loss (SL): $0.865 (above resistance structure)
📊 Market Outlook: The market remains under bearish momentum, creating lower highs and lower lows. Price is consolidating below resistance, signalling potential for another leg down towards the $0.755 support area.
⚠️ Risk Management: Always use strict SL and adjust position sizing to risk no more than 1-2% of your capital per trade to protect equity during high volatility.
💬 Comment “📉” if you agree with this short setup and share your targets below!
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buy and trade here on $WIF