$WLFI where is the my tips š
As of now, the WLFI token shows a high probability of an upward (bullish) direction. However, this could be a short-term opportunity, and a careful strategy is recommended.
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š Technical and Market Data
ā¢ Price: 0.2125 USD
ā¢ 24-Hour Change: +21.44%
ā¢ 24-Hour Volume: 631.02 million USD
ā¢ Open Interest: 951.36 million USD
ā¢ Long/Short Ratio: 3.44 (Long positions 77.5%, Short positions 22.5%)
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š Analysis
The current long/short ratio indicates that long positions dominate the market, and if short positions are liquidated, the price could rise rapidly. This creates a suitable environment for a potential short squeeze. In particular, breaking the 0.22 USD level could increase momentum and initiate a move toward 0.25 USD.
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ā ļø Points to Consider
ā¢ Liquidity Risk: WLFI has a limited supply, and a large portion of it is locked, making the token sensitive to sudden price movements.
ā¢ Volume and Momentum: Sustained price growth requires sufficient trading volume and momentum.
