Big moves are happening around World Liberty Financial as the project just started its buyback and burn program, wiping out 8 million WLFI tokens from circulation. That kind of supply shock always gets eyes on the chart as users expect the price to continue to go up. After these major steps how high could WLFI price climb after this?
The proposal passed only a few days earlier and is already in motion. Removing millions of tokens can create scarcity, and in crypto, scarcity often means upward pressure. The market has seen similar strategies before, and while outcomes vary, traders are already watching closely.
WLFI Price Breakout Possibility On The 4H Chart
Analyst CryptostarExpert sees an opportunity forming on the 4H WLFI/USDT chart. His take is that WLFI price is setting up for a bullish breakout, with a potential target around $0.251 as long as the token avoids printing a lower low.
Looking at the chart, WLFI price has been consolidating between $0.19 and $0.21, with support clearly defined. If price breaks above the blue zone of resistance, the next stop could be the projected target.
World Liberty Financial Token Forming A Bullish Pennant
Another perspective comes from analyst Pure8 on X, who points to the 12H chart. He suggests a bullish pennant is shaping up, which is a continuation pattern often signaling another leg higher after consolidation.
The pennant can be seen through the converging trendlines squeezing price tighter and tighter. If the breakout confirms, Pure8’s chart suggests a strong run could follow, echoing the earlier flagpole move.
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World Liberty Financial is stirring interest with its token burn, and technical charts are hinting at possible upside.
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