$WIF /USDT : Daily and 4-hour charts are negative, with the price below all significant moving averages. The one-hour chart is now aligned, showing the same weak structure. Momentum is trending down now, with the 15-minute relative strength index below 50, indicating a new wave of selling pressure. This is the trigger for the next leg down. Enter short at the retest of the 0.3293 area, targeting support at 0.3169.
Executable setup now (short)
Entry: market at 0.327259 – 0.331394
TP1: 0.316921
TP2: 0.312786
TP3: 0.304516
SL: 0.341731
