📉 $WIF Trade Setup in Play! 📉
$WIF is currently respecting a key trendline, as seen on the chart. The price has formed a strong bearish candle with momentum, signaling a potential further downside.
🔹 Key Confirmations:
✅ 4H FVG holding the price—reinforcing the bearish sentiment.
✅ Overall trend and market sentiment remain bearish.
✅ A solid confirmation for a breakdown if WIF drops below $0.695—keep a close watch!
🔸 Alternative Scenario:
If the price breaks above the trendline, I’ve identified a key resistance zone at $0.772—watch this level closely for a potential shift.
🎯 Target: ATL $0.631
Stay sharp, manage risk, and always DYOR!