$WLFI /USDT BULLISH TECHNICAL ANALYSIS 📈🚀

WLFI/USDT is showing strong bullish momentum after a significant pump, indicating a potential continuation of the uptrend. The price is currently well above the moving averages, suggesting a strong buying interest.

📊 Key Levels:

* Current Price: $0.2402

* Resistance: The most recent high at $0.2449 is the immediate resistance level. A clear breakout above this price could signal further upward movement.

* Support: The most significant support level is around $0.2352, which has recently held strong. The next strong support is the MA(7) line at $0.2383, and a dip to this level could be a potential buying opportunity.

📈 Trade Setup (Long):

* Entry: Long entry is valid on a confirmed breakout and retest of the $0.2449 resistance level, or on a dip to the support at $0.2383.

* TP1 (Target Profit 1): The next logical target is around $0.2600, based on the recent price action and potential resistance zones.

* TP2 (Target Profit 2): If momentum continues, a more ambitious target could be set at $0.2800.

* SL (Stop Loss): Place your stop loss below the recent low at $0.2352 to manage risk and protect your capital.

⚠️ Risk Management:

This is a highly volatile asset. Always use a stop-loss to limit potential losses. Consider only risking a small percentage of your trading capital on a single trade. Do your own research (DYOR) before entering any trade.

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