$WLFI

Market Update: Holding Support Amid Pressure 📉

The #WLFI token is showing mixed signals in today’s session, reflecting cautious sentiment across the broader market.

🔹 24h Volume: $272.21M

🔹 Price: $0.2184 (-0.5%)

🔹 Momentum: 🔴🔴 (mild bearish bias)

🔹 RSI (14): 0❗️ (oversold zone – potential for a bounce)

🔹 Funding Rate: 0.005% (neutral to slightly positive)

🔹 Volume Delta: +235% (strong uptick in trading activity)

🔹 EMA50 & EMA100: Both trending down ⬇️

🔹 BTC RSI: 36.98 (weak momentum in majors influencing altcoins)

Key Takeaways:

Oversold RSI: With RSI at extreme lows, WLFI could be near a short-term reversal point.

High Volume Surge: Despite the price dip, trading activity is significantly higher, signaling strong participation from both bulls and bears.

Macro Market Influence: Weakness in #BTC (RSI < 40) is weighing on altcoins, including WLFI.

Short-Term Outlook: If buying pressure steps in at current levels, WLFI might test resistance zones again; otherwise, further EMA-driven downside could unfold.

Final Thoughts:

WLFI is holding relatively well given market conditions, and the combination of oversold RSI + high volume makes it a token to watch closely in the coming sessions. Traders should keep an eye on BTC’s momentum as it will likely guide WLFI’s next move.

#Crypto #Altcoins #WLFI #MarketUpdate #BinanceSquare