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$WLFI Showing clear signs of recovery after the previous sharp decline. The price is beginning to form higher lows, indicating weakening selling pressure and buyers gradually regaining control.
Currently, the momentum is shifting in a more positive direction. If the price continues to hold above the nearest support zone, there is a high likelihood that the recovery trend will be maintained and extend to higher resistance levels.
📈 Suggested trading plan:
⟶ Entry zone: 0.0575 – 0.0595
⛔ Stop loss: 0.0535
• Take profit 1: 0.0625
• Take profit 2: 0.0660
• Take profit 3: 0.0700
A suitable strategy is to buy on slight pullbacks to the entry zone, with a focus on strict capital management and moving the stop loss to break even when reaching TP1 to lock in profits.
In the context of improving price structure, as long as $WLFI it remains above the important support zone, the scenario of continuing the uptrend has a higher probability in the short term.
{spot}(WLFIUSDT)