WLFI’s $0.106 under siege: Should traders brace for more losses?

AMBCrypto2026/02/24 13:03

By:AMBCrypto

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

World Liberty Financial [WLFI] formed a top around the $0.18 supply zone in late December. Since then, it has faced steady distribution, and the price was back at the $0.106 long-term support.

The World Liberty Forum convened financial and crypto leadership at Mar-a-Lago. It was hosted by Eric Trump and Donald Trump Jr., and focused on tokenization strategy and capital-market integration.

Rapper Nicki Minaj was a featured speaker at the event, where WLFI announced plans to tokenize revenue from Maldives resort loans, according to reports.

More recently, the USD1 came under a “coordinated attack“, with the stablecoin briefly slipping below its $1 peg. The company reassured users that the depeg attempt failed and USD1 was trading at par once more.

Bearish WLFI trend set to continue

WLFI’s $0.106 under siege: Should traders brace for more losses? image 0

Source: WLFI/USDT on TradingView

The Congressional investigation and forced market-wide selling in the first week of February saw WLFI drop below a three-month range. This range extended from $0.106 to $0.175. At the time of writing, the lows were under siege once again.

The range lows were defended in recent weeks, and a bounce to $0.13 occurred. The bulls had no follow-up to this relief rally. The price action, volume trends, and the OBV showed that the buyers had exhausted themselves over the past week.

The bounce to $0.13 saw the RSI retest neutral 50 and face rejection. This underscored the bearish momentum prevalent on the 1-day timeframe.

The $0.966 local lows are likely to be tested in the coming days.

Short-term WLFI prediction

WLFI’s $0.106 under siege: Should traders brace for more losses? image 1

Source: WLFI/USDT on TradingView

The short-term range lows just under $0.1 were likely to be tested soon. The $0.96-$0.99 was the nearby local demand zone that beckoned prices closer.

WLFI’s $0.106 under siege: Should traders brace for more losses? image 2

Source: CoinGlass

The long liquidations under the current market price agreed that the next move was likely to be bearish. However, the liquidation heatmap also highlighted the dense cluster of short liquidations at $0.13.

If WLFI bulls defend $0.96 and the Bitcoin [BTC] bearish momentum sees temporary respite, traders need to be prepared for a short squeeze to, or just beyond, $0.13.

Final Summary

The World Liberty Financial token was trading within a 3-month range.
Analysis of the lower timeframe trends showed that $0.96 was the immediate price target.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Behind the S&P 500's record high, only 30% of its constituent stocks are above their 50-day moving average, marking the narrowest market breadth at a record high since 1990. The Russell 2000 has fallen for five consecutive weeks, and high-yield bond yields have soared to 15%. Societe Generale warns that if US Treasury yields rise to 6% and oil prices reach $150, the S&P 500 could fall by more than 20% next year. In addition, some top-performing fund managers have completely exited AI stocks in favor of energy, stating that once financing dries up, it will be "game over."

华尔街见闻•2026/10/10 04:01

Oil tanker freight reaches a sixty-year high: shipping oil from the US to China is more expensive than launching a rocket!

The freight for a single barrel of crude oil has soared to $41, approaching half the oil price, and for a single trip, the freight was once enough to buy an oil tanker. The Middle East crisis has led to a structural shortage of shipping capacity in the Strait of Hormuz, coupled with ship-to-ship transfers extending turnaround times. VLCC freight rates have skyrocketed from an annual average of $9.2 million to $77 million—an increase of more than eight times. Refiners’ profits are being rapidly eroded, the average price of second-hand oil tankers has reached a historic high, and, unusually, surpassed the price of new vessels.

华尔街见闻•2026/10/10 03:16