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$WLFI ANALYSIS
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$WLFI/USDT is sitting at $0.0616 after a sharp push from the $0.0545 lows that tested the lower boundary of a six week symmetrical triangle. The chart has been coiling since the $0.0760 peak in early May, with the descending resistance from the highs and the ascending support from the May 27 low converging into a textbook contracting structure. Price has just delivered a strong reaction off the lower trendline and is now pressing into the upper boundary of the triangle, the most decisive area of the entire range.
Holding above $0.0580 keeps the bullish reaction alive and a clean 8h close above the descending trendline near $0.0625 confirms the breakout, opening a path back toward $0.0680 and a potential retest of the $0.0760 high. Losing $0.0570 invalidates the immediate strength and brings the lower trendline back into play near $0.0545, with a clean break below exposing $0.0521 and the deeper $0.0500 demand. Triangle apex compressions resolve violently, the next 8h closes decide direction for the next leg, position size accordingly and let the breakout confirm before chasing.