WINK/USDT 1H Chart Analysis
🔹
#WINK is currently in a downtrend, trading below the 200 EMA on the 1-hour chart. The price is moving sideways near a key resistance zone, showing signs of consolidation.
🔹 Bearish Outlook: The bearish momentum is likely to continue, with the potential to test the previous swing low.
📌 Short Entry Strategy: For those considering a short position, it’s advisable to wait for a retest of the resistance zone to confirm the entry. Patience is key! 🕒
#Alts #Binance