【$WIF Signal】1H timeframe building up, sniper breakout or pullback to add longs

$WIF The 1H timeframe is oscillating narrowly above EMA20 (0.2088), at the end of a triangle convergence, about to change direction. The 4H timeframe is still in a downtrend, but the latest 4H candle shows a long lower shadow, indicating strong support around 0.2000. The current price is between the 1H EMA20 and the 4H EMA20, with fierce battle between bulls and bears. Volatility equals profit, prepare to sniper.

🎯Direction: Long (dual order strategy)

🎯Entry/Orders:

Option A【Breakout to Long】: Price > 0.2120 (Reason: Break above 1H consolidation zone upper boundary and 4H EMA20 resistance)

Option B【Pullback to Long】: Price = 0.2060 - 0.2070 (Reason: Rebound off 1H EMA50 support and previous high-density trading area)

🛑Stop Loss: 0.2020 (Reason: Break below key 4H previous low at 0.2006, invalidating bullish structure)

🚀Target 1: 0.2180 (Reason: 4H previous high resistance and Fibonacci 0.382 retracement level)

🚀Target 2: 0.2250 (Reason: 1.618 Fibonacci extension and daily EMA20 resistance)

🛡Trade Management:

- Position size suggestion: Light position (Reason: 4H trend not fully bullish, left-side battle)

- Execution strategy: After entering with Option A or B, reduce position by 50% at Target 1, and move stop loss to entry price. Remaining position aims for Target 2.

Deep logic: Open interest (OI) remains stable, price declines but no large-scale liquidation, main force may be supporting the market. 1H RSI (48.47) is neutral, with room for upward correction. Market depth shows buy orders (below 0.208) far thicker than sell orders (above 0.2091), with a depth imbalance (2.30%), indicating less resistance to upward breakout. Combined with slightly positive funding rate, low short squeeze risk, suitable for long-side battle.

View real-time market 👇 $WIF

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