WLFI – Bulls Trying to Shift Momentum?

WLFI has been overall bearish, trading within the falling red channel for the past several months 📉

However, this week price strongly rejected the $0.05 round number, signaling that buyers are finally stepping in around this psychological support zone 🔍

Despite the recent bounce, the overall structure remains bearish for now.

For the bulls to take over and shift momentum in their favor, a confirmed break above the last major high marked in red is needed 🚀

Until then, this recovery could still be considered a correction within the broader downtrend.

Is WLFI preparing for a bullish reversal… or just another temporary bounce? 🤔

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr