WIF/USDT at a Critical Line – Breakout or Another Sell-Off?WIF / TetherUSBINANCE:WIFUSDTCryptoNuclearOn the 1D timeframe, WIF/USDT is still trading within a bearish market structure after a strong decline from previous highs. Price continues to form lower highs and lower lows, indicating sustained selling pressure. Currently, price is approaching a critical area near the main descending trendline. --- Pattern & Technical Structure The chart shows a clear Descending Trendline (Bearish Continuation Pattern): The descending trendline acts as a dynamic resistance Every bullish attempt has been rejected near this trendline Volatility is decreasing, indicating price compression This structure usually resolves with: A bullish breakout if buyers manage to break the trendline A bearish continuation if price gets rejected again --- Key Levels Resistance Zones: 0.370 → minor resistance / first reaction zone 0.440 → mid-term resistance & distribution area 0.540 → major resistance / bullish reversal confirmation 0.805 – 0.970 → strong supply zone (extended targets) Support Zones: 0.327 → current daily support 0.280 → critical support level 0.240 – 0.205 → last demand zone (high-risk area) --- Bullish Scenario The bullish scenario becomes valid if: Price breaks and closes above the descending trendline on a daily basis A higher low forms after the breakout Potential upside targets: Initial target: 0.370 Next resistance: 0.440 Strong reversal confirmation: 0.540 With strong momentum, price may extend toward 0.805 – 0.970 Common strategy: Buy on breakout or buy on trendline retest Volume confirmation is highly recommended --- Bearish Scenario The bearish scenario remains dominant if: Price fails to break the descending trendline Strong rejection occurs at resistance Downside potential: Retest of 0.327 Breakdown opens the path toward 0.280 If support fails, price may continue to 0.240 – 0.205 This confirms ongoing bearish continuation. --- Conclusion WIF/USDT is currently trading at a decision zone. A confirmed breakout above the descending trendline could signal the start of a trend reversal, while rejection would increase the probability of further downside. Waiting for confirmation is crucial in this structure. #WIF #WIFUSDT #CryptoAnalysis #TechnicalAnalysis #Altcoin #BearishTrend #Trendline #Breakout #PriceAction #CryptoTrading