$WLFI 1 Hourly chart shows a brief rebound in price. Currently, the rebound is hindered at a key resistance level, creating a high-probability short opportunity. The trigger condition is for the price to break below the EMA50 line on the hourly chart, confirmed by the RSI indicator breaking below 50 on the 15-minute chart, indicating that momentum is shifting downward. This is an entry point to capture the next wave of downward movement within a larger bearish structure. Short after breaking below the support level.
Current actionable trading strategy (short)
Entry point: Market price 0.134721 – 0.13534
Take profit 1: 0.133173
Take profit 2: 0.132554
Take profit 3: 0.131316
Stop loss: 0.136887

WLFIUSDT
Perp
0.1334
-0.29%