WIF/USDT – 8H – SELL

The 8H chart for WIF/USDT has fired a cluster of bearish signals, including a BOP Zero Cross Down, STOCHF KD Cross Down, WILLR OB Exit, KAMA Retreat Down, SMA 50 Retreat Down, HT PHASOR Inphase Cross Down, HT TRENDMODE Mode to Trend, and a Fibonacci Break DownTrend (0%). These signals collectively indicate a shift in momentum from bullish to bearish, with the price likely to retrace from recent highs. The confluence of these indicators suggests that the current uptrend is losing steam, and a pullback toward the nearest support at 0.13530 is plausible.

Across timeframes, the picture is mixed: the 1H and 2H charts still show bullish trends, but the 4H and 8H are choppy/sideways, and the 12H and 1D are bearish. This divergence suggests that while the short-term trend is still upward, the higher timeframes are turning bearish, which could pressure the price lower. The nearest resistance at 0.16160 is a key level to watch; if the price fails to break above it, the bearish signals are likely to play out. Conversely, a break above resistance would invalidate the bearish thesis.