WLFI -561.03% in 1 Year Amid Technical and Market Analysis

On SEP 18 2025, WLFI dropped by 4.54% within 24 hours to reach $0.2207, WLFI dropped by 217.49% within 7 days, dropped by 561.03% within 1 month, and dropped by 561.03% within 1 year.

WLFI has experienced a sharp decline in value over the past year, with a cumulative drop of 561.03% as of September 18, 2025. The asset has continued to struggle in the short-term as well, with a 217.49% decrease recorded over the last week. These movements have raised concerns among observers of the cryptocurrency market, particularly given the extended bearish trajectory. The recent 4.54% 24-hour drop has further underscored the ongoing pressure on WLFI, reinforcing a pattern of sustained underperformance.

Technical analysis of WLFI has revealed a consistent bearish trend, marked by a series of lower highs and lower lows over the past several months. Traders and analysts have noted a lack of meaningful support levels being tested, contributing to the prolonged downtrend. Moving averages across different timeframes have converged in a downward slope, indicating the dominance of selling pressure and a lack of bullish momentum. On the daily chart, the price continues to trade below all major moving averages, a technical signal often associated with a strong downtrend.

Backtest Hypothesis

A proposed backtesting strategy involves evaluating historical price data through a trend-following approach, using a combination of moving averages and RSI as primary indicators. The strategy assumes that WLFI will continue to follow the same pattern of extended bearish moves, with periods of consolidation occasionally interrupting the downtrend. The plan is to enter short positions when the price crosses below key moving averages and the RSI confirms oversold conditions. A stop-loss is placed just above the most recent swing high, while the take-profit is set at a fixed percentage below the entry level, accounting for historical volatility. This approach would test the consistency of the bearish thesis and assess the potential effectiveness of a purely technical short strategy in a declining market.