$WIF The 1H timeframe has formed a double bottom pattern around 0.183, with RSI(1H) in the oversold zone at 32.37, indicating a technical rebound demand. Although the 4H trend remains downward, the latest 1H candlestick (13:00) showed a volume spike pushing up to 0.1919, suggesting buying interest at the bottom. Currently, the price is declining but open interest remains stable, which is not typical of main force distribution, but more like a liquidation after a bullish breakout.
🎯Direction: Long (Long)
⚡Entry/Order: 0.1855 - 0.1865 (Near current price)
🛑Stop loss: 0.1827
🚀Target 1: 0.1920
🚀Target 2: 0.1980
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 0.1860. Hold the remaining position to aim for Target 2. If the price retraces and breaks below the moving stop, exit all positions.
Depth Logic: Market depth shows buy orders (0.184-0.186) are stacked significantly thicker than sell orders (0.1861-0.188), with a depth imbalance of 7.51%, indicating strong support below. The 1H RSI shows early signs of divergence, with the price making a new low (0.1832) but RSI not confirming a new low, suggesting bullish momentum is building. Negative funding rates indicate shorts need to pay fees, and a rebound could trigger a short squeeze.
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【$WIF Signal】V-Shaped Rebound + 1H Oversold Recovery
$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 liquidation after a bullish breakout.
🎯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 retraces and breaks below the moving stop, exit all positions.
Depth Logic: Market depth shows buy orders (0.184-0.186) are stacked 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 divergence, with the price making a new low (0.1832) but RSI not confirming a new low, 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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