$WLFI is having a rough night — 0.04532, down 9.03%, and that's a new one-year low. Not a quiet drift either: volume ran about 3.7x the daily average, so real selling showed up.
It tried to bounce a bit after the drop, but it's still sitting under the downtrend line on the 15-minute chart, with 0.04695 above it — a level that's been tested a few times already.
I'm not calling a bottom here. A fresh low on that kind of volume usually means the market is still making up its mind, so I'd rather watch another day than guess the turn.
Are you watching this one, or staying clear until it calms down?
#WLFI #Crypto
It tried to bounce a bit after the drop, but it's still sitting under the downtrend line on the 15-minute chart, with 0.04695 above it — a level that's been tested a few times already.
I'm not calling a bottom here. A fresh low on that kind of volume usually means the market is still making up its mind, so I'd rather watch another day than guess the turn.
Are you watching this one, or staying clear until it calms down?
#WLFI #Crypto
