BEARISH

WLFI BEARISH · 12h

ENTRY0.059~0.06TARGET0.0547STOP0.0617
WLFI chart

In 3 lines

  • WLFI spiked to $0.075 on August 22, gave the whole move back in a day, and has since spent five sessions stuck in a narrow $0.056-$0.060 band.
  • Volume ran 5.7x normal that day yet price closed near its low, highs have stepped lower every session since, and Bitcoin rose 14% in a week while WLFI fell 4.5%.
  • If price reclaims $0.0617, the overhead supply has been absorbed and this read is wrong — which is exactly why the stop sits there.

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Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.

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