This is $WLFI on the 4H
We’re now in week 4 since TGE, and some key price zones are starting to stand out:
🔹 S1 / R1 Zone: Started as support in week 0 (pre-TGE), flipped to resistance in week 1, and has remained resistance ever since.
🔹 R2 / S2 Zone: Started as resistance in week 1, flipped to support, and continues to hold.
🔹 S3 Zone: Acted as support only during week 1.
Right now, price is finding support at the S2 zone, after making a higher high above R1 last week. The recent 25% drop came with the broader crypto liquidation event early Monday, one of the largest in months. But here’s what stands out: selling volume wasn’t as heavy as week 1, suggesting sellers aren’t pushing as aggressively.
From a system perspective:
✅ Price is now above the pink SMA, orange BB center, and blue MLR → signs of leveling out.
⚠️ Price is still under the PSAR and the cyan 50MA → technically still in a downtrend.
I can’t predict what happens next, but I can prepare for scenarios.
🎯My focus: this looks like a good area to scale in, but risk management is key: if price loses S2, I’ll start scaling out to derisk and avoid liquidation.
Fundamentals Back the Case:
WLFI’s roadmap is getting stronger:
• USD1 stablecoin adoption is accelerating
• App launch + debit card are near
• Community engagement & governance are growing
🎯 My Plan:
Yes, this is an area where I scale in, but with strict risk management.
If price loses S2, I scale out to de-risk.
🔥 Conclusion:
This is where TA meets fundamentals.
If WLFI holds S2, the setup could become explosive.
Respect your risk and let the chart tell the story.
Always take profits and manage risk.
Interaction is welcome.
We’re now in week 4 since TGE, and some key price zones are starting to stand out:
🔹 S1 / R1 Zone: Started as support in week 0 (pre-TGE), flipped to resistance in week 1, and has remained resistance ever since.
🔹 R2 / S2 Zone: Started as resistance in week 1, flipped to support, and continues to hold.
🔹 S3 Zone: Acted as support only during week 1.
Right now, price is finding support at the S2 zone, after making a higher high above R1 last week. The recent 25% drop came with the broader crypto liquidation event early Monday, one of the largest in months. But here’s what stands out: selling volume wasn’t as heavy as week 1, suggesting sellers aren’t pushing as aggressively.
From a system perspective:
✅ Price is now above the pink SMA, orange BB center, and blue MLR → signs of leveling out.
⚠️ Price is still under the PSAR and the cyan 50MA → technically still in a downtrend.
I can’t predict what happens next, but I can prepare for scenarios.
🎯My focus: this looks like a good area to scale in, but risk management is key: if price loses S2, I’ll start scaling out to derisk and avoid liquidation.
Fundamentals Back the Case:
WLFI’s roadmap is getting stronger:
• USD1 stablecoin adoption is accelerating
• App launch + debit card are near
• Community engagement & governance are growing
🎯 My Plan:
Yes, this is an area where I scale in, but with strict risk management.
If price loses S2, I scale out to de-risk.
🔥 Conclusion:
This is where TA meets fundamentals.
If WLFI holds S2, the setup could become explosive.
Respect your risk and let the chart tell the story.
Always take profits and manage risk.
Interaction is welcome.
Trade attivo
WLFI 4H – Support Holds Strong (Update)The S2 green support zone is proving its strength:
✔️ Price wicked below but snapped back up and is still holding.
✔️ This is impressive considering yesterday’s heavy drop across the broader crypto market.
🔎 Pattern developing:
Price has shown a tendency to bottom mid-week, then climb into the weekend. We’re seeing the same setup again: could be signalling another end-of-week recovery.
🎯 Plan remains unchanged:
– Scale in while S2 holds
– Scale out if S2 breaks
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.