WULF Local

Price caught a bid above the daily 200EMA on bullish divergence. It’s possible a triangle is forming for wave IV.

Price is stuck between the breakout upper-boundary and mean support, its hard to decipher the next direction as it stands. A breakout above the line could see it rally to $25 while back below wave IV would test the 200EMA.

📈 Daily RSI had confirmed bullish divergence but not from oversold

👉 Continued upside will invalidate this analysis.

Safe trading