$WIF The 1H timeframe has formed a double bottom pattern around 0.183, with RSI(1H) in the oversold zone at 32.37, indicating a technical rebound demand. Although the 4H trend remains downward, the latest 1H candlestick (13:00) showed a volume spike pushing up to 0.1919, suggesting buying interest at the bottom. Currently, the price is declining but open interest remains stable, which is not typical of main force distribution, but more like a shakeout after a short squeeze.
🎯Direction: Long (Long)
⚡Entry/Order: 0.1855 - 0.1865 (Near current price)
🛑Stop loss: 0.1827
🚀Target 1: 0.1920
🚀Target 2: 0.1980
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 0.1860. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the trailing stop, exit all positions.
Depth Logic: Market depth shows buy orders (0.184-0.186) are significantly thicker than sell orders (0.1861-0.188), with a depth imbalance of 7.51%, indicating strong support below. The 1H RSI shows early signs of bullish divergence; the price made a new low (0.1832) but RSI did not, suggesting bullish momentum is building. Negative funding rates indicate shorts need to pay fees, and a rebound could trigger a short squeeze.
View real-time market 👇 $WIF
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【$WIF Signal】V-Shape Rebound + 1H Oversold Correction
$WIF The 1H timeframe has formed a double bottom pattern around 0.183, with RSI(1H) in the oversold zone at 32.37, indicating a technical rebound demand. Although the 4H trend remains downward, the latest 1H candlestick (13:00) showed a volume spike pushing up to 0.1919, suggesting buying interest at the bottom. Currently, the price is declining but open interest remains stable, which is not typical of main force distribution, but more like a shakeout after a short squeeze.
🎯Direction: Long (Long)
⚡Entry/Order: 0.1855 - 0.1865 (Near current price)
🛑Stop loss: 0.1827
🚀Target 1: 0.1920
🚀Target 2: 0.1980
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 0.1860. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the trailing stop, exit all positions.
Depth Logic: Market depth shows buy orders (0.184-0.186) are significantly thicker than sell orders (0.1861-0.188), with a depth imbalance of 7.51%, indicating strong support below. The 1H RSI shows early signs of bullish divergence; the price made a new low (0.1832) but RSI did not, suggesting bullish momentum is building. Negative funding rates indicate shorts need to pay fees, and a rebound could trigger a short squeeze.
View real-time market 👇 $WIF
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Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL #我在Gate广场过新年