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Shorting $WIF 75x – Downside setup is active from this zone.
WIF faced selling pressure from 0.18840–0.18940 and has begun to decline. I am now short 75x Isolated.
Trade Plan:
- Entry: 0.18840 – 0.18940
- TP1: 0.18593 (R:R 1:1.0)
- TP2: 0.18494 (R:R 1:1.3)
- TP3: 0.18295 (R:R 1:2.0)
- SL: 0.19187
Why this setup?
- The 4h chart continues to support the short thesis, with the daily trend remaining bearish as price reacts from the 0.18840–0.18940 zone near 0.18890.
- 15m RSI reads 50, indicating neutral momentum that still allows for further downside.
- 15m volume is elevated at 0.39x, with 268.89K traded versus an expected 686.98K, confirming genuine selling pressure.
My call. Your execution.
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