COIN NAME- #WIFUSDT⚡
SIGNAL TYPE- LONG
This chart shows the WIF/USDT trading pair in a 4-hour timeframe. The two converging trendlines define the price traded within a rising wedge pattern. Recently, the price broke below the lower trendline, indicating a bearish breakout. The EMA Ribbon (a series of exponential moving averages) shows a bearish crossover, with the price trading below the ribbon, signaling downward momentum. The RSI (Relative Strength Index) is around 36, suggesting bearish sentiment and potentially oversold conditions. The high volume during the breakdown confirms the bearish move. A retest of the wedge's lower boundary or further downside movement could follow.
Trade Details:
Entry: Around 2.895 ( Join my Binance live for premium crypto signals )
TP: 1.00
SL: 3.500
$WIF
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