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WLFI breaks through the 49-day resistance, rising to the sky 33% – Is the next target 0.25 USD?
The cryptocurrency market is gradually recovering, and World Liberty Financial (WLFI) stands out as the brightest star in today's growth group. In the past 24 hours, this coin has surged over 33%, strongly surpassing important resistance levels thanks to vibrant trading momentum.
The uptrend seems to be ongoing, as technical signals indicate that buying pressure from the bulls is returning, igniting hopes for a new recovery cycle in the market.
Breakthrough technical activation triggers a wave of interest
WLFI has officially broken above the downward trend line that has lasted for 49 days — a clear technical reversal signal, marking the return of buying pressure. This move opens up the next target for an increase around the 0.25 USD mark, corresponding to the upper limit of the previous price channel.
On the contrary, if the price does not hold and slides below the recently broken resistance line, selling pressure could pull WLFI back to the support area around 0.11 USD on the chart.
The price increase motivation remains strong
Recent technical signals indicate that WLFI's uptrend still has plenty of room to expand.
The MACD indicator has just issued a strong bullish signal when forming a bullish cross — occurring when the MACD line (green) crosses above the signal line (orange). This is a sign that buying power is returning to the market, opening up the possibility that WLFI could enter a new bullish cycle.
At the same time, the Money Flow Index (MFI) has increased to 55.57 points, reflecting new capital inflows into WLFI. The upward trend of the MFI indicates that investors are reallocating liquidity, contributing to the recovery momentum of this token.
Short sellers face the risk of “burning their positions”
Traders opening Short positions in the derivatives market are under heavy pressure as the wave of liquidation (liquidation) continues to occur.
According to data from CoinGlass, investors betting on the bearish trend of WLFI in the past 24 hours have recorded the largest losses, with a total liquidation value of around 3.45 million USD.
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