World Liberty Financial/Tether (WLFIUSDT) Market Overview – 2025-10-29

• Price declined sharply from $0.1438 to $0.1363 before recovering to close at $0.1516.
• A massive bearish candle with high volume on 19:30 ET marked the key low.
• Volatility and volume surged in the morning session, confirming the rebound.
• Momentum picked up in the afternoon, with price rising above key Fibonacci levels.
• RSI indicates overbought conditions, suggesting potential short-term consolidation.

World Liberty Financial/Tether (WLFIUSDT) opened at $0.1431 on 2025-10-28 at 12:00 ET, reached a high of $0.1526, a low of $0.1353, and closed at $0.1516 on 2025-10-29 at 12:00 ET. Total trading volume for the 24-hour period was approximately 97.7 million units, with a total notional turnover of $14,749,832.

The price action over the past 24 hours was highly volatile, marked by a sharp decline into the early hours before a strong recovery began around 04:00 ET. A critical bearish candle formed at 19:30 ET, with volume spiking to 8,175,117.2 units and the price plunging from $0.1414 to $0.1397. This appears to be a result of bearish exhaustion, as the price quickly reversed direction from that point.

A strong rebound emerged in the 04:30–08:00 ET window, with price closing a series of bullish candles above key resistance levels at $0.1444 and $0.1519. The 50-period and 20-period moving averages on the 15-minute chart are now aligned to the upside, suggesting potential continuation of the bullish trend. MACD crossed above the signal line around 05:00 ET, confirming renewed momentum. The RSI moved into overbought territory (above 70) by 08:00 ET, indicating a possible pullback in the near term.

Bollinger Bands showed a significant expansion during the recovery phase, with price reaching the upper band around 08:30 ET, reflecting heightened volatility. Volume remained robust during the morning rebound, with no divergence observed between price and turnover. This suggests strong conviction among buyers. Price has also retested the 61.8% Fibonacci retracement level of the earlier bearish move and held above it, which could offer further support in the event of a near-term correction.

The MACD crossover and the alignment of moving averages provide a strong case for a bullish continuation, while the overbought RSI suggests a potential pause in momentum. A break above $0.1526 could trigger further upside, but traders should remain cautious of a pullback to test $0.1495 or $0.1475, where Fibonacci and moving averages could offer support.

Backtest Hypothesis

To confirm the strength of the recent bullish move and test the validity of the breakout, a backtesting strategy using the MACD crossover and key Fibonacci levels could be applied. By retrieving historical MACD golden and death cross signals since 2022 and generating a buy-and-hold-until-next-cross strategy, we can assess the effectiveness of the indicator in capturing the recent upswing and identifying optimal entry/exit points. Once the correct ticker symbol is verified, this analysis can be run with interactive visual outputs to provide performance insights, including risk-adjusted returns and win rate statistics.