🚨 Short Trading Signal: $WLFI /USDT 🚨
🔴 Technical Analysis:
$WLFI broke its consolidation zone and is facing strong selling pressure. The repeated rejection at the resistance of 0.2089 and the lack of strength to regain above 0.2100 reinforce the bearish trend in the short term. The current movement indicates that sellers are in control and further declines can be expected.
🔍 Trade Setup (Short):
• Entry Zone: 0.2090 – 0.21
• Profit Target 1 (TP1): 0.2180
• Profit Target 2 (TP2): 0.2096
• Profit Target 3 (TP3): 0.2132
• Stop Loss (SL): 0.1950
⚠️ Market Perspective:
With the continuous rejection at 0.2089 and increasing selling pressure, the downtrend appears to be consolidated. If the price remains below 0.2100, a drop to levels of 0.2050 and 0.2016 will be likely, with a possible further decline to 0.1980. Stay alert for potential reversals, but the short-term bias is bearish.
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