$WLFI COIN PRICE UPDATE AND TRADE. SETUP🚨🚨🚨👇
OVERVIEW📃📃👇
Potential for Short-Term Volatility‼️‼️
WLFI's price is hovering around $0.22, just below its 7-day Simple Moving Average ($0.217) and pivot point ($0.221). It is up 8% from its price a week ago ($0.20), but down 2% from yesterday. Technical analysis indicates that failure to reclaim the $0.22 level could signal further downside. The trading volume has decreased by 22.51% over the last 24 hours. Short-term traders might be taking profits after a recent 7-day rally.
ENTRY POINTS📉📉
Key Resistance and Support Levels: WLFI . If it can break above this level,
RESISTANCE📃📃
faces immediate resistance near $0.23
TARGETS🎯🎯
some predictions suggest a potential move towards $0.35 or even higher, possibly reaching $0.515 by the end of the year if adoption increases. .
A critical support level to watch is $0.20
STOPLOSS‼️‼️
Traders should consider placing a stop loss order just below this support to manage potential downside risk.
Mixed Market Sentiment: Despite the recent price decline, a community proposal to implement a buyback and burn mechanism, using 100% of protocol fees, has received strong support. This could be a bullish catalyst by reducing the token supply.
👉BUY AND TRADE HERE👇
NOTE THAT📃👇
This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, and past performance is not indicative of future results