📉 $WLFI
Under Pressure: Will Support Hold or Fold?
$WLFI is currently navigating a short-term bearish phase. After a period of consolidation, sellers are stepping back in, gradually grinding the price toward critical horizontal support. The market is watching closely to see if buyers will defend this territory or if a deeper correction is on the horizon.
📊 Key Technical Levels
Current Price: $0.1199
Immediate Resistance: $0.123 – $0.125 (Supply Zone)
Crucial Support: $0.116 – $0.115 (Demand Zone)
🔍 Market Outlook
The Bull Case: If the $0.116 level holds with strong volume, we could see a relief bounce back toward resistance.
The Bear Case: A decisive break below the support zone likely opens the door for further downside momentum.
💡 Market Insight: While the short-term trend is leaning bearish, Binance has just launched a major 235 Million $WLFI airdrop for $USD1 holders. This fundamental catalyst could provide the necessary liquidity to stabilize the price at these levels.
✍️ Analyst: Nabiha Noor
💬 Let’s Discuss: Are you holding through the dip or waiting for a confirmed reversal?
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