🚨 Critical Breakdown Alert for $W – Potential 40-56% Decline Incoming! 🚨
The 4-hour timeframe for $W initially displayed a bull flag, indicating potential upside momentum. However, the latest price action is signaling a bearish breakdown, as candles are now breaching the key support level. Additionally, volume analysis shows strong pressure at the upper levels, while the lower region lacks buyer support—suggesting further downside movement.
From a technical perspective, MACD’s 12-day moving average is pointing downward, reinforcing the bearish sentiment. Combined with liquidity analysis and heat maps, we see strong confluence for a potential 40-56% decline if the price fails to recover from its current levels.$BTC
📉 Trade Setup & Strategy
🔹 Short Entry: Current price 0.134
🔹 Primary Support: 0.120 – If broken, expect a sharp drop
🔹 Target (TP): 0.0607 (Projected decline)
🔹 Stop Loss (SL): 0.1545 (Risk management)$BNB
⚠️ Risk Management Tip: Always use stop losses and manage your position size wisely. Volatility is high, so adapt your strategy accordingly.
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