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【$WIF Signal】Empty position, wait for selling pressure confirmation
$WIF enters a weak consolidation after a volume-driven decline, with price action indicating a continuation of the downtrend rather than a valid support.
🎯 Direction: Empty position
Market logic: Price declines accompanied by high trading volume and high open interest, suggesting the market is distinguishing between long liquidation or main force distribution. Currently, the price is weakly consolidating below a key psychological level, with no signs of strong buying absorption, and LTF rebounds are weak. This is a typical bearish dominant structure. Until a clear bottom reversal pattern appears (such as volume-driven bullish engulfing or higher lows), it’s advisable to stay on the sidelines and wait for the market to choose a direction.
Trade 👇 $WIF
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