$WLFI /USDT (Perp, 15m chart) you shared. Let’s break it down:
🔎 Chart Observations
Current price: 0.4024 USDT
24h High: 0.5507
24h Low: 0.2010
Move so far: Price doubled today (+100%) → big wick to 0.55 → retraced → now stabilizing near 0.40.
Order book: Sellers (asks) are stronger than buyers (65% vs 34%), showing short-term selling pressure.
Supports:
0.3370 (recent low support)
0.2600 (stronger base zone)
Resistances:
0.4140–0.4200 (immediate resistance)
0.4900–0.5500 (strong resistance / recent high zone)
📌 Trading Plan
✅ If considering long (buy):
Entry Options:
Current level (0.40) → only with small position (risky as sellers strong).
Safer entry: 0.34–0.33 zone (support) or deeper at 0.26.
Stop Loss (SL):
Tight SL → 0.335 (below nearest support)
Safer SL → 0.255 (below strong base)
Take Profits (TPs):
TP1: 0.414–0.420
TP2: 0.490
TP3: 0.550 (previous high, strong resistance)
⚠️ If considering short (sell):
Best entry: Near 0.490–0.550 rejection zone.
TP: 0.40 / 0.34
SL: Above 0.57
📊 Summary
Buy now only small amount, better to wait for 0.34–0.26 zone for safer entry.
TPs: 0.414 / 0.490 / 0.550
SL: 0.335 (tight) or 0.255 (safe)
Sell setup only if rejection at 0.49–0.55.
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