In the WLFI market, some interesting price movements are being observed, accompanied by token burn activities and chart patterns. This article examines the current status and predictions for WLFI.
Current WLFI Price Trends
Over the past 24 hours, WLFI has traded in a range between $0.22 and $0.25, showing sideways movement but also signs of steady accumulation. An important event was the burn of 47 million tokens, equivalent to about $11.34 million. Such activities often create bullish momentum if demand starts to rise.
Chart Analysis and Resistance Levels
WLFI’s chart shows a symmetrical triangle forming after a recent price spike. The price has stabilized inside this triangle, which typically indicates an accumulation phase before a decisive move. Key resistance levels are at $0.2579 and $0.2849. A breakout above these levels could unlock strong rally potential.
Future Price Predictions for WLFI
If WLFI breaks above $0.2579 with strong volume, the next major target is set near $0.2849. Successfully clearing that zone could lead to a rise towards $0.34. Conversely, a failure to hold $0.22 could see a retest of $0.2141. However, the current token burn and accumulation in lower timeframes suggest bullish sentiment.
Given the established price dynamics and token burns, WLFI demonstrates growth potential if it maintains current levels and breaks key resistances.