$WIF /USDT – Short Trade Alert 🚨
Current Price: $1.013
Timeframe: 1-Hour Chart
$WIF has formed a distinct lower high and is now breaking below the critical $1.020 support level. The price action shows clear bearish momentum following a strong rejection from the $1.098 resistance zone, with a series of red candles indicating increasing downward pressure.
🔻 Short Setup:
Entry Range: $1.015 – $1.025
Targets:
TP1: $0.990
TP2: $0.964
TP3: $0.945
Stop Loss: $1.048
💡 Pro Tip: Only enter the trade if the price fails to reclaim $1.030 in the next hourly candle. Due to the high volatility of meme coins, implement tight risk management.
Bearish momentum is picking up — caution advised! 📉🔥