With a high probability, WIFUSDT will continue to decline in the near future. Here’s why:
📌 Major bearish signals from the chart:
1. Price below all moving averages (MA7, MA25, MA99)
➤ This indicates that the downtrend is stable, and there are few buyers.
2. MACD deeply in the negative, histogram red
➤ There are no signs of a slowdown in the decline — on the contrary, the momentum is maintained.
3. Break of local support at $0.8637 → now testing $0.8496
➤ If it breaks $0.8496 — it could fall further to ~$0.82 or even lower.
4. Candles are small, with no upper wicks — sellers dominate. #wif $BTC
📌 Major bearish signals from the chart:
1. Price below all moving averages (MA7, MA25, MA99)
➤ This indicates that the downtrend is stable, and there are few buyers.
2. MACD deeply in the negative, histogram red
➤ There are no signs of a slowdown in the decline — on the contrary, the momentum is maintained.
3. Break of local support at $0.8637 → now testing $0.8496
➤ If it breaks $0.8496 — it could fall further to ~$0.82 or even lower.
4. Candles are small, with no upper wicks — sellers dominate. #wif $BTC