- Price Surge: WLFI climbed 33% after breaking a 49-day descending resistance trend.
- Technical Momentum: MACD and MFI indicators suggest strong buying pressure and bullish continuation.
- Shorts at Risk: Forced liquidations may increase as WLFI targets $0.25, adding upward pressure.
World Liberty Financial — WLFI , is making headlines today, climbing over 33% in just 24 hours. The token reclaimed key resistance levels, fueled by strong trading momentum. After holding under pressure for 49 days, WLFI has finally broken out of a descending diagonal resistance. Traders and investors are now eyeing the next upside target near $0.25, raising hopes for a sustained rally in the coming sessions.
Breakout Sparks Interest and Technical Reversa
WLFI’s breakout confirms a technical reversal, signaling renewed bullish sentiment. The move pushed the token above resistance levels that had capped price action since late September. This new momentum opens the door for a potential rally toward $0.25, the upper boundary of its previous trading channel. A move to this level would mark WLFI’s highest trading point since September 22.
However, a breakdown below the breakout line could push the token back toward support around $0.11. Traders are closely watching volume and momentum indicators to gauge whether buyers can maintain control. Technical indicators support the bullish case. The MACD recently formed a Golden Cross, with the blue line crossing above the orange signal line.
This pattern suggests that buying momentum is returning, signaling potential for WLFI to regain a bullish trajectory. Meanwhile, the Money Flow Index — MFI , rose to 55.57, highlighting renewed investor interest. Increasing MFI readings suggest liquidity is moving into WLFI, strengthening the ongoing recovery. These indicators show that the token may have further upside potential if momentum continues.
Shorts Face Pressure Amid Strong Buying
The rally has put short traders under pressure, triggering forced liquidations in the derivatives market. Data from CoinGlass shows $3.45 million in short positions liquidated in past 24 hours. Further gains could escalate liquidation risks. For instance, a move to $0.168 could trigger another $2.46 million in forced liquidations, while reaching $0.184 could impact $3.91 million worth of contracts. These squeezes may amplify the buying pressure, further boosting WLFI’s rally.
Investors should monitor key levels carefully. Maintaining gains above breakout resistance and volume support is essential for a sustained move toward $0.25. Short-term traders may capitalize on momentum, but higher-timeframe support levels will determine whether the rally holds. The combination of technical breakout, bullish MACD, rising MFI, and short liquidations paints a favorable picture for WLFI. If buyers maintain control, the altcoin could continue its impressive surge.
However, traders should remain aware of potential pullbacks to the $0.11 support zone. WLFI surged 33% after breaking a 49-day resistance trend. The MACD and MFI indicate strong buying momentum. Short liquidations may amplify upward pressure toward $0.25. Traders should watch key support and resistance levels to gauge sustainability of the rally.
