$WIF /USDT BEARISH BREAKDOWN LOOMING šØš
š Current Price: $0.938 (-7.13%)
š Market Sentiment: Bearish
š Key Levels:
š» Resistance: $0.980 ā Strong rejection seen here
š» Resistance: $1.047 ā 24h high, key to flip trend
š”ļø Support: $0.929 ā Intraday low
ā ļø Major Support Zone: $0.900 ā Breakdown zone
š§ Trade Setup ā SHORT
š„ Entry: $0.940 ā Near current price action
šÆ Targets:
TP1: $0.915
TP2: $0.900
š Stop Loss: $0.975 ā Above key resistance
š Trend Analysis:
Price has failed to reclaim $1.00 and is consistently making lower highs. Volume shows selling pressure increasing. Break below $0.929 likely to trigger stronger downside move.
āļø Risk Management:
Use 1-2% of capital per trade. Stick to SL. Don't chase losses. Proper position sizing is key to survival in volatile meme coins. šš¼