Is $WLFI /USDT's quiet range a setup for a violent breakdown?
$WLFI - SHORT
Trade Plan:
Entry: 0.09919 – 0.099944
SL: 0.103189
TP1: 0.096851
TP2: 0.09504
TP3: 0.092324
Why this setup?
SHORT bias aligns with the 1D range. The 4H setup offers a clear risk/reward with TP1 at 0.096851. RSI on lower timeframes shows no bullish divergence, suggesting weakness within the consolidation.
Debate:
Is this the calm before the drop, or will the range hold?
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WLFI
0.1018
+3.14%