The WLFI price demonstrates a noticeable growth of momentum, as the token price begins to strengthen above key technical levels. After the successful retesting of the control point, a confirmed hidden bullish divergence emerged, reinforcing earlier signs of a transition of market structure from neutral to bullish.
As the WLFI price maximizes and minimizes, it enters a strategic phase where the continuation of growth becomes increasingly likely. Traders are watching to see if the asset can maintain this bullish momentum and push towards the next resistance at higher timeframes at the level of $0.18. Hidden bullish divergence forms when the price establishes a higher low, while the RSI shows a lower low, indicating the preservation of the main momentum despite short-term pullbacks. Such a situation usually signals continuation, rather than a trend reversal, and is considered a strong indicator of strength. The emergence of this pattern coincides with a broader shift in market structure. WLFI has recently demonstrated consecutive higher highs and higher lows, signaling that the upward trend has transitioned into a continuation phase of the rising trend. This shift occurred shortly after World Liberty Financial allocated $22,1 million in WLFI following the hack of a wallet before the launch. This step restored confidence and did not disrupt the forming bullish structure. Currently, as the price remains above the Fibonacci correction level of 0.618, the bullish trend is maintained.$WLFI #Write2Earn #BinanceBlockchainWeek #BTC86kJPShock #ETHBreaksATH
