WULF Short-term analysis | Trading and expectations

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WULF triangle has played out with the break to an all-time high. Triangles are penultimate patterns, adding confluence to the end of this move being soon. Continued rally has a target of the R5 pivot at $25. Price is overstretched far away from the daily 200EMA and pivot, which act like magnets.

The first target for a pullback is the triangle base and the daily 200EMA- $12.

📈 Daily RSI tapped oversold with no divergence

Safe trading

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