🔻 $WLFI USDT Short Signal Setup 🚨
$WLFI is trading at $0.1002, down -6.88%, with clear bearish momentum. Price is trading below all key moving averages, confirming strong selling pressure.
📉 Technical Outlook:
· MA(7): $0.1005 (immediate resistance)
· MA(25): $0.1044
· MA(99): $0.1048
Price is rejected from MA(7) and making lower lows. All EMAs are in bearish alignment. Volume is weak, indicating lack of buying interest.
🎯 Short Trade Setup:
📍 Entry Zone: $0.1000 – $0.1005
🎯 Take Profit Targets:
· TP1: $0.0985
· TP2: $0.0975
· TP3: $0.0960 (next support zone)
🛑 Stop Loss: $0.1025 (above recent consolidation)
📊 Additional Context:
· Today: -6.44%
· 7 Days: -20.85%
· 30 Days: -40.75%
· Bid-Ask spread shows sellers are aggressive at higher levels
⚠️ Risk Note:
Trend is firmly in favor of sellers. Look for price to continue making lower lows or reject from MA(7). If price reclaims $0.1015, consider re-evaluating. Strict SL is mandatory here.