【$WLFI Signal】Long | Healthy Pullback After Breakout
$WLFI After a volume breakout on the 4-hour chart, the price is performing a healthy pullback above the key resistance turned support level. Price action shows buyers continuously absorbing selling pressure in the 0.1100-0.1110 range, with no signs of large-scale profit-taking.
🎯 Direction: Long
🎯 Entry: 0.1100 - 0.1115
🛑 Stop Loss: 0.1080 ( Rigid Stop Loss )
🚀 Target 1: 0.1180
🚀 Target 2: 0.1250
Core Logic: 1) Price Structure: After completing accumulation in the 0.0996-0.1087 range on the 4H candlestick, a high-volume (399 million) bullish candle with strong volume broke out, indicating an effective breakout signal. 2) Data Validation: During the breakout, the buy/sell ratio rose to 0.53, showing active buying dominance. Although the Taker has shifted to selling, the price is consolidating strongly near the breakout high, indicating profit-taking rather than main force distribution. Open interest remains stable, ruling out short-squeeze, and confirming a healthy bullish trend continuation. 3) Order Book Analysis: Buy orders are unusually heavy in the 0.1090-0.1103 range (over 5 million cumulative), forming a strong support wall, while sell orders above 0.1105 are relatively thin, facilitating rapid price advancement. Coupled with a negative funding rate, this provides a better risk-reward ratio for the bulls.
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【$WLFI Signal】Long | Healthy Pullback After Breakout
$WLFI After a volume breakout on the 4-hour chart, the price is performing a healthy pullback above the key resistance turned support level. Price action shows buyers continuously absorbing selling pressure in the 0.1100-0.1110 range, with no signs of large-scale profit-taking.
🎯 Direction: Long
🎯 Entry: 0.1100 - 0.1115
🛑 Stop Loss: 0.1080 ( Rigid Stop Loss )
🚀 Target 1: 0.1180
🚀 Target 2: 0.1250
Core Logic: 1) Price Structure: After completing accumulation in the 0.0996-0.1087 range on the 4H candlestick, a high-volume (399 million) bullish candle with strong volume broke out, indicating an effective breakout signal. 2) Data Validation: During the breakout, the buy/sell ratio rose to 0.53, showing active buying dominance. Although the Taker has shifted to selling, the price is consolidating strongly near the breakout high, indicating profit-taking rather than main force distribution. Open interest remains stable, ruling out short-squeeze, and confirming a healthy bullish trend continuation. 3) Order Book Analysis: Buy orders are unusually heavy in the 0.1090-0.1103 range (over 5 million cumulative), forming a strong support wall, while sell orders above 0.1105 are relatively thin, facilitating rapid price advancement. Coupled with a negative funding rate, this provides a better risk-reward ratio for the bulls.
Trade here 👇 $WLFI
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