- The WLFI price is holding firm at a critical support zone, including VWAP, POC, and 0.618 Fibonacci retracement.
- Resistance levels at $0.23 and $0.31 could trigger a breakout if volume inflows persist.
- Higher lows indicate a bullish structure, with market participants closely tracking the swing high breakout.
World Liberty Financial’s WLFI token has stabilized after a period of downward pressure, holding firm at a key technical confluence zone. The price is consolidating near the 0.618 Fibonacci retracement level, the volume point of control, and the volume-weighted average price (VWAP). This cluster is providing reinforced support, helping anchor the token after recent volatility.
Following the recent consolidation, traders are focusing on two resistance zones that could define the next directional move. The first test lies at the $0.23 level, which aligns with the value area high. A confirmed close above this threshold may trigger a broader move toward $0.31, the next high-time-frame resistance. Both levels are viewed as potential breakout points if volume inflows remain consistent.
Volume and Market Structure Show Bullish Signs
Technical indicators show a positive trend forming, with the token establishing a series of higher lows. This pattern suggests a gradual accumulation phase, even amid broader market corrections. The structure supports the possibility of a bullish breakout should price surpass the most recent swing high.
Source: TradingView
A breakout above $0.23 on increased volume could validate the bullish momentum and open the path toward higher resistance. Traders are monitoring volume closely to assess the strength of buyer demand. Sustained inflows would likely confirm the shift in trend and support a rally toward $0.31 and potentially beyond.
WLFI Sees Renewed Interest Despite Past Controversies
Despite initial turbulence and ongoing scrutiny due to its connections with the Trump family, World Liberty Financial’s WLFI token is gaining attention from market participants. The recent introduction of WLFI mining contracts by WinnerMining has added another layer of interest, allowing exposure without direct investment in mining infrastructure.
The WLFI token remains at a decisive price level where support holds significant technical weight. A continuation of volume-backed buying pressure could push the price past the current resistance range. However, failure to maintain this foundation may leave the confluence zone as the last major support before renewed selling pressure.
