The digital currency WLFI has shown impressive performance recently, confirming a solid upward structure based on higher highs and higher lows 🔼🔼, which enhances the likelihood of continuing the positive trend and opens the way for testing the next resistance level near 0.19.
✨ Quick Summary
• Market confidence in the upward trend is gradually improving
• The price consolidation phase indicates accumulation and internal momentum
• Breaking the next resistance may attract more interest and liquidity
📈 The technical reading of WLFI's movement
WLFI is moving within a clear positive structure shown by forming Higher Highs and Higher Lows, indicating buyers' control over the scene. The level of 0.06 (POC) has played a strong pivot point role that marked the start of the positive trend, before returning to form another important support at 0.13 🔷.
This level represents a price congestion area + strong demand that often indicates in technical analysis the entry of institutional capital or large buy orders, reinforcing its strength as a barrier supporting continued growth 📊.
➤ Staying above this area gives additional strength to the bullish scenario
➤ Falling below it could confuse the movement in the near term
Despite the slowdown in momentum during the recent consolidation phase, this is considered a normal behavior within upward trends. Low-volume pullbacks are often a re-accumulation phase before a new expansion movement 🚀, especially if trading volume increases in a subsequent upward wave.
🎯 The next target.. Is the way open towards 0.19?
If WLFI maintains its trading above the demand area at 0.13 and continues to form higher peaks and troughs, this enhances the likelihood of heading towards 0.19 as the next major resistance.
📌 Confirming the breakout with higher trading activity will be a strong signal for continuing the rise.
However, breaking 0.13 downwards ❗ may mean delaying the upward movement or the need to retest lower support areas before a new attempt.
🔍 What does this mean for investors?
• The overall trend is still tilted upwards
• The area of 0.13 is considered a key point for the upcoming movement
• The future target observed: 0.19 if support holds and demand is strong
🌀 In short.. WLFI is facing an important expansion opportunity, and the upcoming trades will be the real decisive factor.
