$WIF USDT – BEARISH SIGNAL AS LOWER HIGH FORMS BELOW $0.873
WEAK REJECTION FROM $0.873
BEARS DEFENDING KEY RESISTANCE ZONE
$WIF showed a brief push toward $0.873 but faced immediate rejection, forming a lower high on the 4H chart. The recent red candle near resistance and low buying volume suggests waning bullish momentum. Price is struggling to hold above $0.855, increasing the risk of a pullback.
Trade Setup:
Short Entry: $0.854 – $0.860
Targets (TP): $0.838 / $0.824
Stop Loss (SL): $0.878
Short-Term Outlook:
Failure to reclaim $0.873 may confirm a short-term downtrend. A break below $0.838 could trigger further downside pressure.
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