In the past couple of days, there has been a noticeable abnormality in WLFI's trading volume. On the 30-minute chart, the trading volume surged by 16.4%. This sharp increase in volume is indeed worth noting—such a situation often indicates that a market move is about to start.
Currently, the price is stuck at 0.168 USDT. From a technical perspective, the key support level is around 0.1678, just 0.12% away from the 1-hour baseline. The support zone is defined between 0.1678 and 0.169. The price testing the support level repeatedly suggests that bulls have a significant number of buy orders at this level.
For traders, placing a long order near 0.1678 could be a worthwhile opportunity to watch. The volume expansion indicates increasing market participation, and the subsequent trend should be quite interesting. Keep a close eye to see if it can break through the upper resistance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
In the past couple of days, there has been a noticeable abnormality in WLFI's trading volume. On the 30-minute chart, the trading volume surged by 16.4%. This sharp increase in volume is indeed worth noting—such a situation often indicates that a market move is about to start.
Currently, the price is stuck at 0.168 USDT. From a technical perspective, the key support level is around 0.1678, just 0.12% away from the 1-hour baseline. The support zone is defined between 0.1678 and 0.169. The price testing the support level repeatedly suggests that bulls have a significant number of buy orders at this level.
For traders, placing a long order near 0.1678 could be a worthwhile opportunity to watch. The volume expansion indicates increasing market participation, and the subsequent trend should be quite interesting. Keep a close eye to see if it can break through the upper resistance.