💥💥👉👉#wlfi

I see the WLFI/USDC trading chart you shared. Here’s a quick analysis of what’s happening based on the indicators shown:

📊 Key Observations

Price: $0.2085 (down -10.44% in 24h).

24h Range: High $0.2332, Low $0.2017.

Moving Averages:

MA(20): 0.2198 (above current price → bearish pressure)

MA(25): 0.2213 (also above current price)

MA(99): 0.2009 (close to current price, acting as support).

RSI(6): 27.0 → This is in the oversold zone (<30), which often signals a potential bounce or reversal.

Volume: 143.57M WLFI traded in 24h, showing strong activity despite the drop.

🕵️ Chart Trend

Price hit 0.2448 recently but faced strong resistance and dropped.

Now trading near support (~0.2017 - 0.2080 zone).

Short-term moving averages (20 & 25) are trending downward → bearish.

However, RSI being oversold suggests sellers may be losing momentum.

⚖️ Possible Scenarios

Bullish case: If the price holds above the MA(99) (~0.2009) and RSI confirms reversal, we could see a rebound toward 0.217 – 0.221 resistance.

Bearish case: If it breaks below $0.2000, next support could be around 0.173 – 0.180.