WLFI Technical Analysis Feb 9

WLFI is consolidating at the 0.11$ level within the general downtrend; RSI below 30 signaling oversold, while Supertrend and MACD remain bearish. Critical supports around 0.0961$ and 0.1069$ await testing, with BTC’s decline continuing to pressure altcoins.

Executive Summary

WLFI closed the day up 1.38% at the 0.11$ level as of February 9, 2026, but the overall market structure maintains a downtrend. With price remaining below EMA20 (0.13$), RSI at 30.46 signals the oversold zone, though MACD’s negative histogram and Supertrend’s bearish signals suggest upward movements are short-term reactions. Volume at 252M$ shows high participation, but BTC’s downtrend pressures altcoins; if it holds at critical supports, the 0.1163$ resistance can be targeted, otherwise 0.0961$ is the main support.

Market Structure and Trend Status

Current Trend Analysis

WLFI’s overall trend direction is clearly bearish; despite a 1.38% upward move in the last 24 hours, the price is experiencing tightness in the 0.10$-0.11$ range. The asset, moving within a long-term down channel, is held below the 0.15$ resistance by the Supertrend indicator’s bearish signal. Short-term reaction buys are visible, but no trend change is expected until EMA20 (0.13$) above is broken. Multi-timeframe (1D/3D/1W) analysis detected 12 strong levels: 1D with 2 supports/3 resistances, 3D with 1 support/2 resistances, 1W with 2 supports/3 resistances distribution, confirming the overall bearish structure.

Structural Levels

Main structural supports are identified at 0.0961$ (81/100 score) and 0.1069$ (73/100 score), aligned with past swing lows and Fibonacci retracements. On the resistance side, 0.1163$ (76/100), 0.1324$ (71/100), and 0.1434$ (76/100) form critical thresholds. The current 0.11$ price position can be evaluated as the midpoint in the support-resistance range; volume will play a key role in breakout scenarios.

Technical Indicators Report

Momentum Indicators

RSI(14) at 30.46 is close to the oversold zone, signaling potential short-term reaction buys. However, momentum recovery requires rising to the 40-50 band; at current levels, seller pressure dominates. MACD shows a bearish structure: negative histogram, MACD line below signal line, and staying below zero line, indicating continuation of down momentum. Secondary momenta like Stochastic and CCI are also oversold but without divergence, meaning sustained recovery is weak.

Trend Indicators

Price unable to stay above EMA20 (0.13$) confirms short-term bearish trend; EMA50 and EMA200 form resistance around 0.15$ and 0.20$. Supertrend in bearish mode reinforces the 0.15$ resistance. In the Ichimoku cloud, price is below the cloud, Tenkan-Kijun cross bearish. This confluence clarifies the downtrend; EMA20 breakout is required for upside breakout.

Critical Support and Resistance Analysis

Support zones: 0.1069$ (73/100, daily pivot and volume support) just below, followed by 0.0961$ (81/100, weekly swing low). If these levels break, the next target could be the 0.08$ psychological threshold. Resistances: Nearby 0.1163$ (76/100, 1D resistance), mid-term 0.1324$ (71/100, EMA50), and 0.1434$ (76/100, Supertrend). Multi-timeframe analysis enriched with 12 levels: 1W resistance at 0.1434$ critical, supports tied to BTC correlation. Fibonacci extensions show bullish target at 0.2335$ (20/100 low score), but no bearish target – emphasizing asymmetric risk.

Volume and Market Participation

24-hour volume at 252.13M$ is at high levels; this indicates significant interest in the tight range (1.38% change). However, no volume-price divergence: volume decreased on upsides, high on downsides – confirming bearish participation. OBV (On-Balance Volume) negatively sloped, Chaikin Money Flow negative; no institutional buying signal. High volume carries breakout potential at support tests, follow spot WLFI Spot Analysis and futures WLFI Futures Analysis.

Risk Assessment

Risk/reward ratio unfavorable for bulls in current structure: reaching 0.1163$ resistance (potential +5.7%) risks 10% (0.0961$ breakdown). In bearish scenario, downside not unlimited but +20% drop possible with BTC effect. Main risks: BTC 69,949$ support breakdown, global risk-off mode, and volume decline. Positioning: Longs above support with tight stops, shorts on resistance rejection. Volatility high (24h range 10%), target RR 1:2.

Bitcoin Correlation

BTC at 70,580$ down 0.35% in downtrend; Supertrend bearish, main supports 69,949$, 65,843$, and 60,000$. Altcoins like WLFI correlated +0.85 with BTC, rally difficult in alts unless BTC resistance 72,183$ broken. If BTC dominance rises, WLFI stays under pressure; BTC levels to watch: if 69,949$ holds, WLFI can test 0.1163$, if broken, target 0.0961$.

Conclusion and Strategic Outlook

WLFI’s technical chart shows bearish dominance: downtrend, bearish indicator confluence, and BTC pressure make short-mid term negative. Oversold RSI may react, but long positions risky until 0.1163$ resistance broken. Strategy: Buy at supports (0.1069$-0.0961$), short on resistance rejection; targets 0.1434$ bull / 0.0961$ bear. No market news flow, stay technical-focused. For detailed spot and futures, follow WLFI Spot Analysis and WLFI Futures Analysis. Overall outlook: HOLD / SELL ON STRENGTH.