🚨$WLFI 6HR ALERT: Bullish momentum building! Is the breakout imminent? 📈
Analysis:
We are shifting our focus to the 6HR TF for $WLFI coin,and the setup is looking razor-sharp for a mid term move.
📈Price action: After a deep correction WLFI/USDT has stabilized around the 0.1100 support zone.We are seeing a series "higher lows" on the 6HR TF chart,which is a strong sign of trend reversal.
📉Breakout zone: The price is currently squeezing beetween a descending trendline and major horizontal support. A breakout above 0.1180 will confirm the start of the next rally.
📊Volume: Indicators are showing bullish divergence, suggesting that the selling pressure is exhausted and buyers are taking control
⚡Trade Plan ⚡(6HR momentum Setup)
Direction: Long🟢
Entry range: 0.1130-0.1165
Leverage: 2x to 7x (perfect for 6HR TF volatility)
Risk management: High reward-to-risk-ratio
🎯Targets:
Target 1: 0.1420 (immidiate resistance)
Target 2: 0.1507 (supply zone)
Target 3: 0.1803 (major breakout target)
🛑Stop Loss:
SL: 0.1066 (strictly below the recent liquidity sweep zone)
Trade $WLFI here
