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