$WIF WIF is showing long-side liquidation around $0.2029, suggesting downside pressure has forced leveraged buyers out. The structure favors a cautious short if price fails to reclaim the $0.2050–$0.2080 resistance area.
Entry Zone: $0.2010–$0.2040
Resistance: $0.2050–$0.2080
Support: $0.1960 / $0.1900
TP1: $0.1960
TP2: $0.1900
TP3: $0.1840
Stop-Loss: $0.2095
My Take: I prefer the short only after rejection from resistance or a clean break below $0.1990 with sustained selling volume. If WIF reclaims $0.2095 and holds above it, the setup is invalidated. Manage position size carefully because liquidation-driven moves can reverse quickly.
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