$WLFI/USDT

Current Price: 0.2216
Target price:

- TP1: 0.2400 (cup handle neck line breakout level)
- TP2: 0.3500 (Cup Handle Measure Rise)
Stop-loss price: Below 0.2150

Reason for purchase:

1. Support Validity:
- The bottom of the cup forms at 0.2000 (Fibonacci 61.8% retracement level), establishing medium-term trend support.
- Handle organization range 0.2150-0.2250, pull back to MA(50) 0.2180 to confirm support
2. Trend Structure:
- The 4-hour chart shows a perfect cup and handle pattern (lasting 28 periods), with the neckline at 0.2400
- Cup height 0.0400 (0.2000→0.2400), measurement increase = cup height × 1.618 = 0.0647
3. Breakthrough Potential:
- After breaking 0.2400, open up the upward space of 0.3500+ (Fibonacci 161.8% extension level)
- If an effective breakout occurs, it may trigger the liquidation of 2.5x leveraged contracts.
4. Indicator Verification:
- RSI(14)=58 (neutral to bullish), MACD red bars widen, double line golden cross
- The OBV indicator has reached a 30-day high, indicating a continuous inflow of funds.

Key technical features:

- Morphological Parameters:
- Cup bottom width: 14 cycles (4 hours)
- Handle inclination angle: 15° (health organization)
- The breakthrough trading volume needs to reach more than 1.5 times the daily average volume.
- Fibonacci Extension:
- 0.2400 is the 161.8% extension level (from the rise of 0.2000 to 0.2250)
- 0.3500 corresponds to 261.8% extension level
- Volatility Indicator:
- ATR is currently 0.008, expected to expand to 0.012 after突破.

Trading Strategy:

1. Breakthrough Confirmation:
- Entry conditions: Closing price > 0.2400 and trading volume > 5 million USDT
- Position Management: Single risk ≤ 1.5% position
2. Dynamic Take Profit:
- First target: 0.2400 (neckline) take profit 50%
- Second target: 0.3500 (measured increase) take profit remaining 50%
3. Risk Control:
- Stop loss setting: Move the stop loss up to 0.2300 (MA7 support) after the breakout
- Volatility hedge: If the price breaks above 0.2400 and ATR > 0.015, you can simultaneously buy the 0.2500 put option.

This content is for reference only and should not be considered as investment advice.