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Recently, WLFI's performance has indeed attracted the attention of many traders. On the 30-minute K-line, the trading volume surged by 582.2%. Such a spike in volume often signals the beginning of a new trend, and caution is advised.
The current price is around 0.1701 USDT. From a technical perspective, it's quite clear—0.171 is a key support level, which is very close to the current 1-hour baseline position, indicating that it remains within the support zone (0.171-0.1716). This pattern of moving along the support usually suggests active buying interest.
From a trading standpoint, if you want to participate, you might consider placing a buy order near 0.171. The resistance level above is at 0.1756. If the volume continues to hold up, this could be an ideal take-profit point.
The significance of the sharp increase in volume should not be underestimated—it often indicates that the market is brewing a new trend rhythm. It is still very important to closely monitor WLFI's upcoming movements. However, remember that trading involves risks, and each operation should be managed according to your own risk tolerance.