$WIF M30 Bearish Idea.

Currently trading at 0.8338 as of this posting, attempting bounce after sharp decline. Clear short-term downtrend.

Price testing fast EMA from below. Both EMAs sloping down (bearish). Reclaiming both needed for bullish shift.

Price below main volume cluster. Resistance overhead.

MACD lines attempting bullish crossover below zero. Histogram turning positive. Potential short-term bounce, but overall trend remains bearish.

Price finding resistance at lower Fib fan line. Break above needed. Fan lines align with horizontal resistance.

RESISTANCE:

• 0.8566

• 0.9000

• 0.9501

SUPPORT:

• 0.8277

• 0.7851

Short-term downtrend persists. Price attempting bounce, facing immediate resistance from EMAs, Fib fan, and 0.8566 level. MACD suggests potential bounce, but confirmation needed. Need to monitor reaction at resistance for next move.