WIF · 1H · DOWNTREND

Both targets from my last short read hit — 0.1490 and 0.1440 — so that setup is fully closed and I'm starting clean from here. The structure is unambiguous: lower highs and lower lows from the 0.2150 swing high all the way down to the current 0.1439, with no base forming and no higher low to anchor a long. Price is now sitting at the lowest level visible on this chart, directly against the dense short liquidation cluster at 0.1441 — which is essentially current price. That cluster is not overhead resistance in any meaningful sense; it's already been tagged. The next meaningful cluster above is 0.1544. Below, the derivatives map shows clusters at 0.1372 and 0.1339, with 0.1285 beyond that.

The daily trend is down, confirmed. I'm not looking for a long here — there's no structural base, no higher low, no reclaim. The honest trade is another short, but price has already ground into the zone where I'd want to see a relief bounce before re-entering. Mid-range chasing on a spent move gives me bad R/R, so I'm waiting for price to show me a rejection at a higher level before committing again.