WLFI price shows strength at $0.14 despite market conditions

The WLFI price holds firm at $0.14 as buyers defend a critical support zone. Rising strength around the point of control hints at a potential rally toward $0.18.

Summary

  • Strong support forms at $0.14, aligned with the point of control near $0.1618.
  • Price continues closing above key volume levels, signalling demand despite market weakness.
  • Holding current support increases probability of a rally toward the $0.18 resistance.

WLFI’s (WLFI) is showing resilience, holding firm at $0.14 as buyers defend a critical support zone. Strength around the point of control suggests the token could be setting up a rally toward $0.18. Despite broader market softness, WLFI’s price action signals early signs of stability, with multiple indicators highlighting $0.14 as a key reaction level.

While many mid-cap altcoins remain under pressure, WLFI — launched by the Trump family in 2024 —continues to post solid candle closes above crucial levels. If it maintains support above $0.14 and strength around the point of control, a move toward $0.18 appears increasingly likely. A breakdown below these levels would challenge this bullish outlook, but current market behavior favors an upward rotation.

WLFI price key technical points:

  • $0.14 support aligns with point of control (POC) near $0.1618, forming a strong technical confluence.
  • Multiple higher-timeframe support levels converge in this same region, strengthening its importance.
  • A breakout toward $0.18 resistance becomes likely if bullish volume continues to build.

Trump-backed WLFI token shows strength at $0.14 despite market conditions - 1
WLFI (4H) Chart, Source: TradingView

The $0.14 support level has emerged as the most critical region for WLFI in the current market environment. This level sits in clear confluence with the point of control (POC) at $0.1618, an area where historically the highest traded volume has occurred, creating a strong foundation for buyers to defend. High-timeframe support is also stacked within this same zone, further reinforcing it as a region where bullish reactions typically occur.

Recent candle formations show that WLFI continues to close above the POC on a daily closing basis, signalling ongoing demand despite broader market weakness. This behavior is especially notable given that many other assets in the same sector are struggling to maintain structural supports.

As long as price action maintains this defensive posture above $0.14, the probability of a rotation toward the next major resistance at $0.18 increases substantially. The $0.18 level sits just above last week’s high and is the first key barrier that bulls must reclaim to confirm a shift toward a more aggressive upward trend.

Structural market behavior also supports the bullish argument. WLFI currently sits in an optimal “higher-low” territory, which often precedes rotation moves toward the upper boundaries of a trading range.

Continuation of bullish candles with rising volume influxes would likely accelerate the move to $0.18, and a successful reclaim of this level would open the door for a test of higher resistance zones in the upcoming sessions.

Source: https://crypto.news/wlfi-price-strength-at-0-14-despite-market-conditions/