$WLFI Harvest or Deep Correction? 📉
$WLFI is trading at $0.1477 with a slight daily increase (+4.83%), but the chart shows that the bulls are struggling.
Key points from the chart:
The Bollinger Middle Line (MB: 0.1486) acts as resistance. The price cannot hold above it.
The Bollinger Lower Line (DN: 0.1469) is very close. A downward breakout will increase pressure.
RSI (39.48): It is in the lower half and indicates that momentum is weak.
🔥 Conclusion:
$WLFI is in a phase of cautious consolidation under pressure. If the price does not break through $0.1486 (middle) and $0.1503 (upper) Bollinger line to regain momentum, there is a high risk that it will head towards new lows.
