WLFI 4H Update
TGE week is behind us. Price dropped 57% from the weekly high at 0.3781 down to 0.1612, then bounced back into the 0.2445 area, just above green support.
Now with the new week starting, price is pulling back, hitting PSAR and closing out this bullish wave. My view: if current support fails, we’ll likely retest the lower level around 0.1700.
RSI is sitting below SMA and 0.5, MACD close to flipping red, which would confirm downside momentum.
That said, WLFI trades heavily on news—developments this week could shift price action fast.
Always take profits and manage risk.
Interaction is welcome.
TGE week is behind us. Price dropped 57% from the weekly high at 0.3781 down to 0.1612, then bounced back into the 0.2445 area, just above green support.
Now with the new week starting, price is pulling back, hitting PSAR and closing out this bullish wave. My view: if current support fails, we’ll likely retest the lower level around 0.1700.
RSI is sitting below SMA and 0.5, MACD close to flipping red, which would confirm downside momentum.
That said, WLFI trades heavily on news—developments this week could shift price action fast.
Always take profits and manage risk.
Interaction is welcome.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.