Market Overview: World Liberty Financial/Tether (WLFIUSDT) – November 2, 2025

• WLFIUSDT opened at $0.1357 and closed at $0.1366, forming a slight bullish bias amid fluctuating momentum.
• The pair reached a 24-hour high of $0.1394 and a low of $0.1330, reflecting moderate volatility with key support at $0.1345–$0.1360.
• A bullish engulfing pattern emerged during the overnight session, followed by bearish divergence in RSI and MACD suggesting caution ahead.
• Volume surged to over 10M WLFI during sharp sell-offs, while turnover highlighted price instability and mixed institutional participation.
• Volatility, as measured by Bollinger Bands, expanded sharply near the high, with the price currently consolidating below the midline.

World Liberty Financial/Tether (WLFIUSDT) opened at $0.1357 at 12:00 ET–1 and closed at $0.1366 at 12:00 ET on November 2, reaching a high of $0.1394 and a low of $0.1330 during the 24-hour period. The pair traded on a total volume of 48,258,822.2 WLFI, with a notional turnover of $6,409,326.34. Price action appears to be navigating a key support zone between $0.1345 and $0.1360, which has seen multiple bounces and consolidations over the past 24 hours.

The candlestick structure suggests a mixed technical landscape. A bullish engulfing pattern formed early in the morning session, as price reversed from a low of $0.1330 to a high of $0.1366. This pattern, however, was followed by a bearish divergence in the RSI and a flattening MACD histogram, indicating waning momentum. The 20- and 50-period moving averages on the 15-minute chart are converging around the $0.1370–$0.1375 range, suggesting a potential short-term resistance zone. On the daily chart, the 50-period MA remains below the 200-period MA, signaling a neutral to bearish long-term bias.

Bollinger Bands show a recent expansion phase, particularly during the morning high, where the price reached the upper band at $0.1394. This suggests elevated volatility, but the current consolidation phase sees the price trading near the lower half of the bands, hinting at a possible pullback or consolidation into the $0.1350–$0.1360 range. Fibonacci retracement levels indicate that the $0.1345 level is a key 38.2% retracement from the $0.1394 high, while the $0.1360 level aligns with the 50% retracement. Traders may watch for a potential bounce or breakdown at these levels over the next 24 hours.

Volume distribution reveals a sharp increase during the bearish phase, especially around 14:15–16:30 ET, where the pair dropped from $0.1363 to as low as $0.1308. This divergence between price and volume suggests potential selling pressure from larger participants. Turnover also spiked during this phase, which may reflect a mix of stop-loss triggers and aggressive shorting. However, the subsequent bullish rebound after 16:30 ET was supported by moderate volume, suggesting limited bearish conviction. Investors should monitor whether the next move higher is accompanied by renewed volume or if the pair remains range-bound due to uncertainty.

The MACD has flattened and shows a bearish crossover, while RSI remains in neutral territory but with bearish divergence during the late afternoon sell-off. This combination may suggest that the recent bullish momentum is at risk of reversing. If the price breaks below $0.1345, a deeper test of the $0.1330–$0.1335 range could follow. Conversely, a move above $0.1385 could rekindle bullish interest, especially if it’s supported by increasing volume and a MACD crossover above the signal line.

Backtest Hypothesis
Given the recent price action and the RSI divergence seen in the morning session, a potential backtest could focus on a simple oversold trigger: entering long positions when the RSI(14) falls below 30 and exiting on a close above the 50 level. This strategy would be applied to the WLFIUSDT pair over the 2022–2025 period. To refine it further, the strategy could include a 5-day event study to measure average returns post-oversold signals or use a 7-day hold period to capture potential rebounds. A full trading strategy could also be implemented using a fixed stop-loss at the 61.8% Fibonacci level. For a more robust analysis, volume confirmation (e.g., volume > average volume by 2x) could be added to filter high-conviction signals.