WLFI was trading near $0.12, but the broader chart structure remained bearish across multiple timeframes. Price stayed below the EMA20, while the Supertrend indicator continued to point lower. That combination suggested ongoing short-term weakness, with current price action looking more like consolidation than a reversal.
Lower highs from $0.1434 to $0.1163 still define the trend
The market structure showed a clear sequence of lower highs at $0.1434, $0.1294, and $0.1163. On the downside, lows extended from $0.1042 to $0.0961, keeping the lower-high and lower-low pattern intact. As long as that sequence remains unchanged, sellers retain control. Trading around $0.12 does not yet signal a shift in trend.
The immediate level to watch is $0.1042. A confirmed close below that zone would mark a bearish break of structure and reinforce the current downtrend. In that case, downside targets could open toward $0.0961, with $0.0569 also in view. If the level holds, WLFI may stabilize for a time, but support defense alone would not be enough to confirm a structural reversal.
MACD divergence appears, but RSI near 44 keeps momentum muted
Momentum readings were not entirely one-sided. The report noted mild divergence on MACD, while RSI hovered near a neutral 44. That points to softer downside momentum, not a bullish reset. Until price reclaims major resistance, the indicators do little to change the broader bearish setup.
Resistance remains layered, with $0.1434 as the invalidation level
On the way up, $0.1163 and $0.1294 stand as intermediate resistance levels. The main barrier is still $0.1434. A decisive close above that area would invalidate the lower-high sequence and signal a change in character. If that happens, WLFI could begin building a higher-high, higher-low structure, with $0.1705 as the next upside objective.
Bitcoin weakness adds pressure to smaller tokens
WLFI was also trading under the influence of the broader market. According to the source, Bitcoin was near $67,378 and showing short-term weakness, a backdrop that weighed on altcoins. If Bitcoin breaks its own support zones, selling pressure across smaller tokens could intensify. If it recovers above key resistance, that may offer some relief. For now, the clearest WLFI levels remain unchanged: $0.1042 below and $0.1434 above.