Will
$WLFI surge? Technical analysis shows three consecutive bullish candles + bullish moving averages, but 0.3686 is the critical point!
Today WLFI is unlocked, and I will take everyone to look at the latest candlestick chart for analysis. The latest WLFI candlestick chart shows three consecutive bullish candles, and all short-term moving averages are neatly positioned above the long-term moving averages. At first glance, this technical setup indicates that the bulls are gaining strength, and the short-term upward trend is quite obvious. The price is now firmly above all moving averages, which indeed shows that the bulls are in control.
There is a key level that must be closely monitored, which is $0.3686! If this level can be broken, there may be a further rally; if it cannot be broken, be cautious of a pullback that could catch you off guard. The current WLFI trend resembles that of “bulls ready to charge,” but market volatility is not low, so one must be careful when chasing highs at this time.
On one hand, regarding WLFI, institutions are buying, indicating that funds are flowing into the crypto market, and WLFI’s stablecoin USD1 has just passed compliance audits, adding a bit of a “regular army” aura to the project. On the other hand, note that this project is endorsed by the Trump family, and political risks hang over like a sword, potentially causing the token price to plummet suddenly.
The key level of 0.3686, breaking through is heaven, failing to hold is hell; this position is the “threshold” for short-term gains. If it breaks through, it indicates that the bullish force is strong enough to attract more follow-up buying; if it fails to break, the bulls may temporarily take a break.
I believe that a prudent strategy is to wait for the price to pull back to around $0.3539 before entering for a long position, with a stop loss set at $0.3472 and a target at $0.3686. This way, you can follow the trend while leaving a safety cushion.
However, if you belong to the aggressive camp, you can also try waiting to chase after breaking through $0.3686, with a stop loss set at $0.3605, and run if the break fails, targeting $0.38. This strategy can yield quick profits, but you must closely monitor the market; if the breakout fails, immediately cut losses.
Currently, the technicals of WLFI are indeed strong, but fundamental risks are like hidden reefs. Personally, I think it’s better to first observe whether $0.3686 can be effectively broken, then combine with news factors, and decide whether to chase or wait for a pullback. After all, the crypto market is volatile; it’s better to miss a little than to get stuck at the top!
For more updates and operations, please keep a close eye on me, and I’ll help you keep up with the rhythm and feast on profits!
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