Market Overview: World Liberty Financial/Tether (WLFIUSDT) – 24-Hour Analysis (2025-11-05)

• Price surged 8.4% in 24 hours, breaking 0.1120 resistance.• High volume consolidation suggests a potential reversal near 0.1190–0.1203.• RSI and MACD signal overbought conditions, raising short-term correction risk.

World Liberty Financial/Tether (WLFIUSDT) opened at 0.1121 on 2025-11-04 at 12:00 ET and surged to an intraday high of 0.1231 by 03:15 ET on 2025-11-05. It found support at 0.1056 and closed at 0.1181 at 12:00 ET. Total volume reached 61,273,080.3 units, with a notional turnover of approximately $7,169,747 (0.1181 × volume at close).

The 24-hour candlestick pattern indicates a bullish breakout from a consolidation range between 0.1056 and 0.1231. Price action appears to have formed a bullish engulfing pattern around 0.1127–0.1149, suggesting a shift in momentum. A key support level now appears at 0.1163–0.1170, with a potential resistance cluster forming at 0.1193–0.1203.

Structure & Formations

Price found strong support at 0.1067–0.1076 and surged on high volume. A 0.1193–0.1203 consolidation suggests a potential resistance area. A doji formed at 0.1196–0.1198 during the 03:30–03:45 ET window, hinting at indecision after the sharp breakout. A potential bullish continuation pattern may form if price retests 0.1163–0.1170 with strong volume.

Moving Averages

On the 15-minute chart, the 20-period and 50-period EMA lines both trend upward, confirming bullish momentum. On the daily chart, the 50-EMA and 200-EMA lines crossed in a golden cross pattern, reinforcing a longer-term bullish bias. The 100-EMA also supports the upward trend.

MACD & RSI

The MACD line turned positive and remains above the signal line, indicating growing bullish momentum. The RSI reached 69 by 08:45 ET, suggesting moderate overbought conditions. While not extreme, this level could trigger a short-term pullback or consolidation.

Bollinger Bands

Bollinger Bands expanded during the 03:00–05:00 ET window, reflecting heightened volatility. Price peaked near the upper band at 0.1231 and then pulled back toward the middle band. The narrowing of bands post 07:00 ET suggests decreasing volatility, which may lead to a breakout or continuation.

Volume & Turnover

Volume spiked dramatically at 03:15 ET with the 61,273,080.3 units traded in a single 15-minute window, aligning with the price surge to 0.1231. This confirms strong buying interest and supports the breakout thesis. However, declining volume after 07:00 ET suggests exhaustion in the move, raising the possibility of a near-term reversal.

Fibonacci Retracements

Key Fibonacci levels from the 0.1056–0.1231 swing appear to align with recent price action. The 61.8% level at ~0.1159 and 78.6% at ~0.1186 align with the current price action, indicating potential for a retest of 0.1186 as a target or support level.

Backtest Hypothesis

The 24-hour price action provides a compelling case for a short-term reversal or continuation strategy using RSI and volume signals. A backtesting strategy could capitalize on the overbought RSI reading and high-volume breakout by entering a long position at the 0.1181 retest with a stop loss below 0.1156 (Fib support) and a target at 0.1203–0.1210 (resistance). A 14-period RSI with a 30/70 overbought/oversold threshold could be used to trigger entries and exits. Given the recent bullish setup, a long-biased RSI-driven strategy may perform well in this market environment.