#Liberty Could the price of World Liberty Financial (WLFI) soar in the coming days?
A solid foundation for recovery
After constant pressures, the price of World Liberty Financial (WLFI) seems to have reached a decisive turning point. Although the WLFI token has had a turbulent start and is still surrounded by controversies related to its ties with the Trump family, analysts are optimistically watching the price interaction with these technical confluence zones.
– Support confluence: The price is anchored at the 0.618 Fibonacci, at the POC, and at the VWAP support, reinforcing a critical base.
– Resistance levels: The resistance targets are located at 0.23 $ and 0.31 $, offering a potential breakout.
– Bullish structure: Consecutive higher highs and a potential breakout above the last high indicate positive momentum.
As long as the current support remains strong, the likelihood of a shift towards higher resistance zones remains high. A breakout above 0.23 $ with significant volume could accelerate the momentum towards 0.31 $ and beyond. However, if buying demand decreases, the price risks stagnating below the resistance, leaving the confluence zone as the last defense for the bullish structure.
In summary, the price of World Liberty Financial shows encouraging technical signals for a potential recovery, but it will continue to depend on maintaining strong volume support.
What do you think?
