$WLFI — Relentless Sell-Off, Trend Still Weak 💥
Price breaking lower with heavy distribution pressure and sellers firmly in control — no sign of a sustainable reversal yet.
🔍 Current Structure:
• Price is plummeting beneath key EMAs (7 / 25 / 99), rejecting rallies.
• Bears dominating until $0.123–$0.125 zone is reclaimed.
• Continued lower lows and weak bounce action confirm downtrend.
• Strong resistance overhead — upside attempts keep failing. �
CoinMarketCap
📉 Trade Setup — Short Bias Favored
📌 SHORT Entry: $0.1195 – $0.1230
🛑 Stop Loss: $0.1295 (invalidates bearish structure)
🎯 Take Profit Targets:
TP1: $0.1150 — first support zone
TP2: $0.1105 — deeper bearish continuation
TP3: $0.1050 — extended down-move target
Rationale: as long as price holds below the EMA resistance band and fails to flip resistance into support, sellers get first right of refusal. Bearish continuation is favored after minor consolidation or weak bounce attempts.