WLFI / TetherUS
Long
Updated

WLFI Token Faces Key PRZ – Will the Downtrend End Soon?

1 873
The World Liberty Financial project with the WLFI token(WLFIUSDT) continued its downtrend as I expected in yesterday's idea.

The question is, when will this downtrend of the WLFI token end?

The WLFI token is currently moving near the Potential Reversal Zone(PRZ)[$0.1620-$0.1500], Cumulative Long Liquidation Leverage($0.1576-$0.1500), and the round number of $1,500.

In terms of Elliott wave theory, the WLFI token seems to be completing the main wave 3. The main wave 3 could complete at the PRZ and the lower line of the descending channel(possible).

I expect the WLFI token to rise to at least $0.1816(First Target) in the coming hours.

Second Target: Upper line of descending channel

Cumulative Short Liquidation Leverage: $0.1905-$0.1845

Stop Loss(SL): $0.1487

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World Liberty Financial Analyze (WLFIUSDT), 15-minute time frame.

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Trade closed: target reached
snapshot

Full Target Done=>+50%

In this analysis, we almost caught the bottom of the WLFI token price.

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