The World Liberty Financial (Wlfi) price has demonstrated remarkable resilience, buoyed by a confluence of high-volume indicators that suggest a strong bullish structure. With a key resistance level at $0.23, a breakout could potentially accelerate the price to $0.28, driven by consistent demand in high-volume regions.
Key Technical Points and Market Analysis
The price campaign of Wlfi has shown a notable ability to respect a combination of indicators with high volume, including the Point of Control (POC), a bullish order block, and the Volume Weighted Average Price (VWAP). These indicators collectively support the notion of a clear demand zone. This zone has been tested multiple times, with price action leaving wicks and confirming that buyers are actively defending this area. The presence of these indicators, combined with the protocol’s plan to utilize all fees for token buybacks and burns, adds a fundamental catalyst to the technical setup, supporting the case for further upward trends.
Technical Indicators and Support Zones
A closer examination of the technical indicators reveals a strong support zone, where the confluence of POC, bullish order block, and VWAP supports indicates a clear demand. The resistance level at $0.23 represents a critical hurdle, with a breakout above this level potentially opening the door to $0.28. The repeated testing of the trading range with high volume, followed by strong demand signals, underscores the presence of buyers defending support and suggests accumulation is underway. As long as the structure of successive higher lows remains intact, Wlfi has a high probability of turning upwards towards the value area.
Wlfiusdt (4h) – Dart, Source: Tradingview
Upcoming Price Campaign Expectations
Given the current technical structure, market structure, and volume analysis, Wlfi remains optimistic from several perspectives. The probability of testing the $0.23 resistance remains high, as long as higher lows continue to form. A confirmed breakout above this level would likely pave the way for an accelerated movement towards $0.28. Traders should be attentive to resistance after strong volumes, as this will provide the clearest signal for continuation. The latest patterns indicate that demand is present, and the repeated defense of support lends weight to the bullish case. A decisive increase in volume as Wlfi approaches $0.23 would probably trigger the acceleration to higher levels.
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