$WIF /USDT Short-Term Bearish Setup
Entry: 0.890
TP1: 0.830
TP2: 0.800
TP3: 0.760
🛑 Invalidation:
Bullish momentum only returns above 0.90
Break & close above that could trap shorts and trigger a squeeze
Price Action:
Strong rejection from 0.95 resistance zone
Clear lower highs and lower lows forming
Price is below both EMAs (red & green), signaling bearish momentum
candles turning consecutively red → sellers in control
Forming a potential descending triangle
🔻 Bearish Trigger:
If price closes below 0.860, expect continuation of downtrend
📉 Summary:
"WIF is showing strong bearish signs on the 1H with consistent lower highs and price rejecting from major resistance. Watch for a breakdown below $0.860 to confirm more downside pressure."
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