CandleFocus Could $WELF Rally to $3.70? The $2.75 Threshold Holds the Answer
2025-01-10
Author: Content Editor
The cryptocurrency $WELF is showing signs of a potential bullish reversal as it forms a double-bottom pattern, indicating a possible period of recovery after a decline. The confirmation of this pattern depends on breaking a crucial level at $2.75. If successful, analysts project a target range between $3.50 and $3.70. However, if $WELF fails to break above $2.75, it may experience further consolidation or bearish trends. Traders are advised to exercise caution and patience as the outcome at $2.75 will determine the short-term trajectory of $WELF.
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