🌞 Update market [4/12] [WLFI]. 💵
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📉 Technical Analysis & Momentum (H1 Frame):
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Similar to other coins, WLFI/USDT is also in a "Spring Compression" state at the bottom:
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Stoch RSI Signal: The indicator has touched the level 0.00 - 3.98 once again. No additional selling can be done in this area due to the high risk of Short Squeeze.
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Price Action: The price is forming a base around 0.1580. The selling volume has significantly decreased compared to the previous long red candle, indicating that the bears have taken profits.
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👉 Conclusion: This is a low-risk area for the Long side.
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RECOMMENDED POSITION
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🌐 LONG ENTRY: 0.1570 - 0.1590.
🛑 SL: 0.1510.
📈 TP1: 0.1630.
📈 TP2: 0.1680.
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This article is only suggesting market information, not an investment call! #DYOR #NFA $WLFI
WLFIUSDT
Perp
0.15
+1.48%