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WLFI performed well today, with market sentiment showing a noticeable recovery. As of the time of writing, WLFI is quoted at $0.2190, representing a significant increase compared to the previous trading day, attracting widespread attention from investors.
Technical analysis shows that WLFI is currently in an upward channel. In terms of support, $0.212 is the primary support level, and if it breaks, it may test $0.205. Resistance levels are at $0.225 and $0.230, and a breakout could lead to further upward movement.
From the perspective of different time periods, the short-term trend shows an upward trend. Both the 15-minute and 1-hour charts display positive signals. The upward trend is more apparent on the 4-hour chart. The daily and three-day charts also show signs of reversal, but trading volume needs further confirmation.
In the contract market, bulls are at an advantage, while short selling pressure has noticeably increased, leading some investors to face liquidation. This reflects the market's optimistic expectations for the short-term trend of WLFI.
In light of the current market conditions, analysts recommend that investors consider building a position around $0.212, but must closely monitor market changes. If it can effectively break through $0.225, further investment may be considered, with target price levels in the range of $0.230 to $0.238. Additionally, it is advised to set a stop-loss at $0.205 to manage risk.
It is worth noting that although WLFI has performed strongly today, there is still uncertainty in the market. Investors should take a rational view and make investment decisions based on their own risk tolerance. As for how the market will trend in the future, let us wait and see.