WLFI Reclaims $0.10: Understanding the Persistent Bearish Trend

World Liberty Financial (WLFI) has risen by 3.9% in the last 24 hours and successfully reclaimed the critical $0.10 support level. Despite this, the altcoin has repeatedly struggled to break through the $0.12 local resistance. A recent governance proposal with over 99% approval has been made, but concerns persist, particularly due to a significant token transfer to a centralized exchange and criticism from high-profile figures.

Key Takeaways

WLFI has bounced back to $0.10 but still faces a bearish trend.
The altcoin has struggled to surpass the $0.12 resistance.
A recent governance proposal has garnered overwhelming support.
A drop below $0.097 could lead to a 25% decline.
Current trading indicators suggest traders should be cautious.

WLFI reclaims $0.10, but here's why the bearish trend is still intact

Analyzing the Current WLFI Trend

WLFI 1-day Chart
Source: WLFI/USDT on TradingView

WLFI has been trading within a defined range since November 2025, specifically between $0.106 and $0.175. In recent trading activity, the price dipped below this range, hitting a local low of $0.096 on February 6.

Despite prevailing strong selling pressure reflected by a Chaikin Money Flow (CMF) below -0.05 for two weeks and a downward trend in the Accumulation/Distribution (A/D) indicator, the crucial support level at $0.096 has not yet been breached. The Relative Strength Index (RSI) remains below the neutral 50 line, reinforcing the bearish sentiment in line with the price movements.

Traders' Strategy: Caution is Key

WLFI 2-hour Chart
Source: WLFI/USDT on TradingView

Over the past week, WLFI has faced various resistance levels while it continued on its downward path. The immediate resistance levels are identified at $0.10 and $0.1094, with the altcoin testing the $0.10 level as resistance currently.

While short-term indicators like CMF and RSI suggest some buying pressure, traders are advised to remain mindful of the broader bearish trend. For WLFI’s daily structure to shift positively, it must overcome the $0.13 resistance level. Until that occurs, a bearish response from the local supply zones appears more probable, suggesting that WLFI may struggle to rise above $0.11 in the coming days.

Conclusion

Disclaimer: The information presented here is for informational purposes only and does not constitute financial, investment, trading, or any form of advice. This analysis reflects solely the opinion of the author.