$WIF Faces Rejection at $0.481 — Short Trade in Play
After attempting to reclaim the $0.48 level, $WIF faced a strong rejection, followed by a steady decline in price action. Sellers have regained control, with lower highs printing on the 15-minute chart.
Current Price: $0.452
24H High / Low: $0.481 / $0.413
24H Volume: 100.61M WIF | 45.12M USDT
15M Chart Analysis:
The chart reflects fading bullish strength and an emerging bearish channel. Consistent lower highs and the recent failure to hold $0.46 support further support a short bias.
Short Trade Plan:
🔻 Entry Zone: $0.452 – $0.458
🎯 Final Target: $0.430
❌ Stop Loss: $0.468
Why This Setup Makes Sense:
Clear rejection near previous high
Bearish candlestick structure
Volume tapering off post-surge
Risk Strategy:
Partial profit-taking suggested around $0.440 in case of bounce attempts.
Take short Trade here on $WIF
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