Market Overview for World Liberty Financial/Tether (WLFIUSDT)

• Price declined from a 24-hour high of $0.2259 to a low of $0.209 before stabilizing near $0.2209.
• Momentum indicators showed mixed signals, with RSI near neutral and MACD divergence in late session.
• Volume surged to over 29 million in the first hour of ET 12:00, but price drifted lower.
• Volatility expanded during a sharp drop in early session, later contracting during sideways consolidation.
• A bullish engulfing pattern formed during early recovery, but failed to confirm strong upside bias.

World Liberty Financial/Tether (WLFIUSDT) opened at $0.2193 on 2025-09-15 at 12:00 ET, reached a high of $0.2259, dipped to $0.209, and closed at $0.2209 on 2025-09-16 at 12:00 ET. Total volume across 24 hours was 295,718,300 and total turnover was $64,024,047.

Structure & Formations

Price action formed a key support at $0.2135–0.214 after multiple tests during early to mid-session, with a bearish engulfing pattern observed in the 15:00–15:15 ET candle. A bullish engulfing candle emerged in the 00:30–00:45 ET window, indicating short-term reversal potential. No strong doji were observed, though a narrow-range candle at $0.2206–0.2207 around 06:15 ET signaled a temporary pause in momentum.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed below the price during the mid-session selloff, reinforcing bearish sentiment. The 50-period MA at ~$0.2195 acted as a temporary resistance in early recovery. The 200-period daily MA at ~$0.2193–0.2195 continued to underpin the mid-range.

MACD & RSI

The MACD crossed zero twice: first into negative territory during the mid-session drop and then into positive territory during the late-night rally. However, the RSI remained in neutral territory (45–55), suggesting limited overbought or oversold extremes. Divergence between the MACD and price emerged near the 09:00–09:15 ET candle, hinting at a potential short-term pullback.

Bollinger Bands

The Bollinger Bands expanded during the morning sell-off, with price dropping to the lower band at $0.209. The bands later contracted during a consolidation phase, with price hovering near the mid-band for much of the afternoon. A late-night breakout attempt hit the upper band at ~$0.2259 but failed to hold.

Volume & Turnover

Volume spiked sharply at the start of the 12:00–12:15 ET window (29.5M) with a modest increase in turnover, indicating renewed interest. However, price fell despite this, suggesting possible profit-taking or short-term bearish sentiment. Turnover was generally in line with volume, with no major divergences observed.

Fibonacci Retracements

The recent 15-minute swing from $0.209 to $0.2259 saw the price retrace to 61.8% at ~$0.2174 and 38.2% at ~$0.2206. A daily swing from $0.2172 to $0.2259 also showed key levels at 61.8% (~$0.2220) and 38.2% (~$0.2234), both of which were tested and rejected.

Backtest Hypothesis

A potential backtest strategy would involve entering long positions on a bullish engulfing pattern above the 50-period MA, with a stop below the 20-period MA and a target at the 38.2% Fibonacci retracement level. Alternatively, a short entry could be triggered on a bearish engulfing pattern below the 20-period MA, with a stop above the 50-period MA and a target at the 61.8% Fibonacci level. This approach would focus on capturing short-term momentum while respecting key moving averages and support/resistance levels.