WLFI Faces Bearish Pressure, Eyes $0.10 support
World Liberty Financial (WLFI) is currently in a bearish phase. The price is moving lower, forming a series of lower highs adn lows. This indicates that sellers are in control. The next important level to watch is $0.10. This price aligns with a key Fibonacci support level.
If WLFI can hold above $0.10, it might trigger a bounce.The price could then move towards $0.19. Though, if it fails to hold this level, the downtrend may continue.
- Bearish Market: WLFI is making lower highs and lows.
- Key Support: $0.10 is the next major support level.
- Upside Target: A bounce could push the price to $0.19.
From a technical view, WLFI is still bearish. The price has not shown any strong signs of reversing. The market is moving lower, failing to break resistance levels. The $0.10 level is crucial. It will determine if a short-term base can form.
For a trend change, WLFI needs to test $0.10. It must also show strong buying interest and higher lows. Without this, the bearish trend will likely continue. Traders should watch for volume and stability at $0.10.
If WLFI holds $0.10, it could start an accumulation phase. This might lead to a recovery towards $0.19. However, if it fails, deeper losses are possible. For now, WLFI remains bearish. Traders should expect volatility until the price reaches and stabilizes at $0.10.
