WLFIUSDT Stalls at 0.1065—Bullish Hopes Fade as Volume Wanes

Summary
• Price consolidates between 0.1032 and 0.1063, with 0.1050 acting as key pivot.
• Lower volume and turnover suggest weakening conviction in price direction.
• Morning rebound failed to break 0.1065 resistance, signaling bearish bias.

World Liberty Financial/Tether (WLFIUSDT) opened at 0.1066 at 12:00 ET−1, with a 24-hour high of 0.107 and low of 0.1025, closing at 0.1063 as of 12:00 ET. The pair saw a total volume of 85,978,828.6 and notional turnover of 8,978,369.83 USD over the period.

Structure & Formations

Price tested 0.1065 resistance multiple times but failed to break through, forming several bearish rejection patterns. Key support levels include 0.1049 and 0.1032. A doji formed near 0.1034 on the early morning 5-minute chart, signaling indecision.

Moving Averages

On the 5-minute chart, the 20-period SMA crossed below the 50-period SMA during the early morning hours, forming a bearish signal. On the daily chart, the price is below the 200-period SMA, suggesting a long-term bearish trend.

MACD & RSI

The MACD line turned negative in the early morning, confirming bearish momentum. RSI dropped to 30 during the late night hours, signaling potential oversold conditions, though without a corresponding price rebound.

Bollinger Bands

Price remained within the Bollinger Band range for most of the session, with a slight contraction in volatility observed around 06:00 ET. The 20-period Bollinger Band widened slightly in the late morning, suggesting increased volatility ahead.

Volume & Turnover

Volume spiked during the early morning, coinciding with the break below 0.1045, confirming the bearish move. However, notional turnover has declined in the last 6 hours, suggesting reduced conviction in the current price action.

Fibonacci Retracements

A key 61.8% retracement level at 0.1045 was tested multiple times over the 24-hour window. The 38.2% level at 0.1059 acted as a temporary resistance but failed to hold during the late morning rally.

Looking ahead, WLFIUSDT appears likely to test the 0.1032 support in the next 24 hours if the current bearish momentum continues. Investors should remain cautious of potential rebounds near 0.1045 and monitor volume for confirmation of directional bias.