WLFI Price Forms Bullish Three Drives: Is a Reversal on the Horizon?

The price of WLFI is showing early signals of a bullish reversal as it forms a Three Drives pattern at the $0.12 support level. Coupled with rising trading volume, this indicator suggests a potential upward movement toward higher resistance points.

Key Takeaways

WLFI's price is forming a bullish Three Drives pattern at the $0.12 support level.
Increased trading volume indicates strong buyer interest and potential price reversal.
The Point of Control (POC) aligns with the support area, signaling a high accumulation zone.
If the price holds above $0.12, a target of $0.18 becomes increasingly plausible.
A loss of support at $0.12 could undermine the current bullish setup.

WLFI price forms bullish three drives, hinting a reversal.

Main Content

World Liberty Financial (WLFI), a decentralized finance (DeFi) project linked to President Donald Trump and his family, is beginning to show positive signs of a bullish reversal. The price action has created a Three Drives pattern at the critical support level of $0.12. This price point has proven resilient through multiple tests, indicating ongoing buyer interest and active demand.

As volume continues to rise while maintaining structural support, WLFI might be gearing up for its next upward move within the current trading range.

WLFI Price Technical Analysis

WLFI price forms bullish Three Drives with rising volume: Reversal forming? - 1

The current price structure of WLFI is manifesting a classic Three Drives pattern at the $0.12 support level. This pattern indicates a potential ending of a corrective phase and the start of a bullish shift. Each time the support has been tested, there has been notable buying interest, signaling that market participants are committed to defending this level. Such repeated attempts to maintain this support lend credibility to the notion that the market is establishing a structural bottom.

The Three Drives pattern is widely recognized as a bullish reversal signal. In this case, as WLFI’s price makes three equal pushes into the support zone, we usually see a shift in momentum as sellers get exhausted and buyers begin to regroup. The increasing volume further bolsters this pattern, implying heightened demand at a critical point of inflection.

Additionally, the Point of Control (POC), which lies near this same support region, indicates a high-volume accumulation area. High-volume nodes at support levels often suggest significant accumulation, acting as a potential launchpad for future bullish momentum. The confluence of these technical points creates a robust support zone that enhances the chances of a reversal occurring.

If WLFI can sustain the $0.12 support over the upcoming days and weeks, the likelihood of advancing toward the next major resistance at $0.18 increases. Historically, this level has served as a strong barrier, representing the initial significant target in a bullish phase. The developing price structure points toward a potential exit from the corrective phase, which can sometimes take the form of what is termed “bullish selling” before the trend fully reverses.

Expectations for Future Price Action

Continuing to defend the $0.12 support and achieving a complete Three Drives reversal pattern would make a rally to $0.18 more likely for WLFI. Surpassing this resistance level would further validate the bullish momentum. However, losing support at $0.12 would disrupt the current setup and delay the anticipated reversal.

This development comes shortly after WLFI confirmed a pre-launch breach related to phishing and issues with third-party security.