Crypto.news revealed that the World Liberty Financial (WLFI) coin, backed by the Trump family, continues to show structural strength as the price movement confirms an upward trend.
As the market structure shifts to form higher highs and higher lows consecutively, it appears that the asset is currently building the foundations for a larger expansion, with key technical support levels under the current price movement providing a strong support base, indicating that WLFI may be preparing for its next upward phase towards the higher time resistance level at $0.19. Key technical points include the formation of a confirmed bullish structure with clear higher highs and higher lows, and crossover support at $0.06 (price center) and $0.13 (higher time support) acting as a structural base.
Price action analysis of WLFI currency:
According to the site, the recent price behavior of the currency #WLFI showed clear impulsive movements, driven by a confirmed shift in market structure. After establishing a significantly higher low at $0.06, which aligns with the price center (POC), the asset continued its upward trajectory by recording a higher peak. This initial structural shift was an important signal that momentum was shifting in favor of buyers.
The market successfully defended its next structural support at $0.13, forming another higher low that reinforces the uptrend. The convergence area around $0.13 is particularly important, as it aligns with a range of previous price interactions, generating what is commonly referred to as a 'demand zone,' which are areas representing institutional or large-volume buying and often become strong support levels.
Current accumulation phase and future momentum outlook:
Although the last accumulation phase showed a decrease in trading volume, this is typical behavior during corrective withdrawals within ongoing uptrends. Low volume accumulation often precedes expansion phases with liquidity building and order flow stabilization. What matters now is how the WLFI currency behaves once volume returns.
With speculation rising that President Trump may soon announce a new Federal Reserve Chair, an event closely monitored by cryptocurrency speculators, any shift in market sentiment could accelerate momentum. If an upward volume flow arrives, especially while the price remains above the price center, it is likely to result in strong continuation movement towards the next higher temporal resistance at $0.19.
Upcoming trading scenarios and conditions for continued bullishness:
If the WLFI currency continues to accumulate above the price center and maintains a higher low structure, the bullish expansion towards $0.19 becomes an increasing possibility, and a sustained increase in trading volume will help confirm the shift.
However, breaking below the $0.13 level will delay or nullify the immediate bullish outlook, and the bullish structure remains intact as long as structural support levels are maintained, with the market now focusing on the crucial test of resistance at $0.19 which may determine the medium-term trend.