WLFIUSDT Market Overview: Volatile 24-Hour Swing and Key Candlestick Setups

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• WLFIUSDT traded in a 24-hour range of $0.191–$0.2053, closing near the high of the session amid elevated volume and mixed momentum.
• Price formed a bullish engulfing pattern near $0.196 and later a bearish divergence in the RSI, hinting at potential trend exhaustion.
• Bollinger Band volatility expanded late in the session, with price breaking above the upper band on rising volume.
• Total 24-hour volume hit 40.6 million WLFI, with turnover of $6.9 million, up from average levels and confirming key support and resistance areas.

World Liberty Financial/Tether (WLFIUSDT) opened at $0.1986 on 2025-09-23 12:00 ET, reached a high of $0.2058, a low of $0.191, and closed at $0.2028 by 2025-09-24 12:00 ET. Total volume was 40.6 million WLFI, with $6.9 million in turnover. The session featured a volatile swing from a bearish breakdown to a bullish rebound, with key candlestick setups and divergences signaling potential turning points.

Structure & Formations

WLFIUSDT formed a strong bullish engulfing pattern near the $0.196 level early in the session, followed by a bearish divergence in RSI and a rejection at $0.2058. A late-day breakdown below $0.1963 was rejected, with price rebounding on increasing volume, suggesting the $0.194–$0.197 range may hold key significance. A doji appeared at $0.1967, hinting at indecision among traders. Notably, a hammer near $0.1932 may signal a potential short-term floor.

Moving Averages and Volatility

The 15-minute chart shows the 20-period MA at $0.1995 and the 50-period MA at $0.2003, both in bullish alignment. On the daily timeframe, the 50-period MA sits at $0.1988, the 100 at $0.1972, and the 200 at $0.1945. Price is trading above the 200-day MA for the first time in several weeks, indicating a potential intermediate-term breakout. Bollinger Bands expanded significantly after 4 AM ET, with price closing near the upper band, a sign of increased volatility and potential continuation of the upward move.

MACD and RSI

The MACD crossed into positive territory after midday on 2025-09-24, suggesting a short-term bullish momentum shift. However, the RSI reached overbought levels above 65, forming a bearish divergence with price as it reached $0.2058. This may indicate that buyers are losing control and a pullback is likely. The RSI also bottomed around 30 on the breakdown to $0.1932, hinting that a short-term oversold bounce may be in the cards.

Volume and Turnover

Volume spiked to 22.8 million WLFI at 4:15 AM ET during the breakdown to $0.1932, followed by a confirmation spike of 14.4 million WLFI at 10:00 AM ET when price rebounded above $0.2005. Turnover spiked to $1.2 million during the 15:00–15:45 ET time frame, coinciding with a bearish reversal candle. Price and volume action align on key levels, but the divergence in RSI suggests caution.

Fibonacci Retracements

Key Fibonacci levels from the recent $0.191–$0.2058 swing are in play. The 38.2% retracement is at $0.1994 and was tested twice, while the 61.8% retracement is at $0.1968 and formed a rejection area. On the daily chart, the 61.8% retracement from the prior $0.1945–$0.2053 swing is at $0.1999, which appears to be a consolidation level. A break above $0.2065 could target $0.2100, while a breakdown below $0.1968 may test $0.1940–$0.1910.

Backtest Hypothesis

Given the recent swing patterns and confirmation of key Fibonacci and moving average levels, a potential backtest strategy could involve entering a long position on a close above $0.1999 with a stop just below the 61.8% retracement at $0.1968. A profit target can be set at $0.2053 (previous high) and extended to $0.2100 if the move continues. This approach could be tested using a 15-minute chart and would aim to capture intermediate bullish momentum while protecting against a retest of key support zones. The strategy may be refined by incorporating RSI divergence and volume confirmation for more precise entries.