WLFI Shares Consolidate Near $0.15, Bullish Market Structure Intact
World Liberty Financial Inc. (WLFI) shares are consolidating near the $0.15 mark, showing signs of accumulation and a bullish market structure. The next significant resistance level is at $0.19.
WLFI has been holding above the $0.15 value area low, indicating strong demand from investors. As long as this price action continues, the bullish outlook remains strong. However, if WLFI fails to maintain the $0.14-$0.15 support zone, the bullish outlook may weaken.
An accumulation pattern suggests a potential rally towards the $0.19 resistance level. A decisive breakout above this point would validate the bullish thesis and confirm a higher high for WLFI shares.
WLFI price is currently testing the $4,100 support level, with a double bottom pattern suggesting a rally could be incoming. With $0.15 holding firm, an upside rotation towards $0.19 appears likely, maintaining the bullish trend intact.
In summary, WLFI's market structure remains bullish, with the next resistance level at $0.19. Investors should watch for a potential rally and a decisive breakout above $0.19 to confirm a higher high. Meanwhile, maintaining the higher-low structure at $0.15 keeps the bullish trend intact.
