CryptoWLFI price forms bullish Three Drives with rising volume

WLFI price forms bullish Three Drives with rising volume

-


WLFI price is forming a bullish Three Drives pattern at the $0.12 support zone, with rising volume signalling a potential reversal toward higher resistance levels.

Summary

  • Buyers consistently defend the $0.12 support zone
  • Rising volume signals strengthening demand
  • Structure hints at a potential reversal toward $0.18

World Liberty Financial (WLFI), the DeFi venture closely tied to President Donald Trump and his family, is showing early signs of a bullish reversal, with price action forming a Three Drives pattern at the $0.12 support level.

This level has held firm across multiple retests, demonstrating consistent buyer interest and suggesting that demand remains active.

With volume increasing and structural support intact, WLFI may be preparing for its next move upward within the current trading range.

WLFI price key technical points

  • WLFI forms a bullish Three Drives pattern at the $0.12 support
  • Multiple retests confirm demand at this key level
  • Rising volume supports the probability of a reversal toward $0.18

WLFI price forms bullish Three Drives with rising volume: Reversal forming? - 1
WLFIUSDT (4H) Chart, Source: TradingView

WLFI’s price structure is currently developing a textbook Three Drives pattern at the $0.12 support, a formation that often signals the end of a corrective phase and the beginning of a bullish rotation. Each test of this support has been met with strong buying interest, signalling that participants are actively defending this level. This repeated defense strengthens the argument that the market is forming a structural bottom.

The Three Drives pattern itself is traditionally viewed as a bullish reversal signal. As price makes three equalized pushes into support, momentum typically begins to shift as sellers exhaust and buyers accumulate. In WLFI’s case, rising volume further supports this pattern, suggesting that demand is increasing at a key inflection point.

Another important factor is the Point of Control (POC), which sits near the same region. High-volume nodes at support often indicate heavy accumulation, which can act as a launchpad for bullish continuation. This alignment of technical elements creates a strong confluence zone that supports the likelihood of a reversal forming.

If WLFI can hold the $0.12 support throughout the coming days and weeks, the probability of a move toward the next significant resistance at $0.18 increases. This level has historically acted as a high-time-frame barrier and would be the first major upside target in a bullish expansion. The developing structure suggests that WLFI may be transitioning out of its corrective phase, which can often appear as “bullish selling” before a trend reversal takes shape.

What to expect in the coming price action

If WLFI continues to defend the $0.12 support and completes the Three Drives reversal pattern, a rally toward $0.18 becomes increasingly likely. Breaking above this level would further confirm bullish momentum. A loss of $0.12 would delay the reversal and weaken the current setup.

The development comes on the heels of WLFI’s confirming a pre-launch breach, which stemmed from phishing and third-party security lapses.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Crypto streamer Gainzy nukes his own token 99% with one ‘accidental’ click

Gainzy’s fumble cut gnzystrm’s market cap from $4.6M to $12K. On the plus side, the sale made him...

India’s gig workers win legal status, but access to social security remains elusive

India has granted legal status to millions of gig and platform workers under its newly implemented labor laws,...

Crypto Bull Run 2025: Has the Rally Peaked or Just Paused?

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial...

Advertisement

Grayscale Launches DOGE and XRP ETFs on NYSE Arca

Grayscale has introduced new exchange-traded funds that track the performance of Dogecoin and XRP, adding two of the...

10 Best Crypto Exchange for Beginners In 2025

As you step into the world of cryptocurrency, finding the best crypto exchange can transform your trading experience....

Must read

You might also likeRELATED
Recommended to you