WLFI Daily – Key Support Broken After Multiple Holds

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WLFI Daily – Key Support Broken After Multiple HoldsWLFI / TetherUSBINANCE:WLFIUSDTvagadaWLFI Daily – Losing Key Support at the 0.5 Level WLFI has lost the 0.5 Fibonacci level at 0.1798, a support zone that held multiple times: first during the early September TGE dump, and again on October 7 and 8. Yesterday, October 9, marked the first daily close below this level, and today price continues to trade under it. Unless WLFI manages to reclaim 0.1798 by today’s close, the downtrend is likely to continue. From a system perspective, momentum remains bearish: Price < MLR < SMA < BB Center, confirming a short-term downtrend. The next possible support lies around the dotted line, but a retest of the 0 Fib level at 0.1611 looks increasingly likely if weakness persists. The broader market has shown early signs of cooling after BTC’s ATH, and WLFI’s price action is now reflecting that shift in sentiment. At this stage, risk management is essential, catching a falling market without confirmation often leads to deeper drawdowns. Bias: Bearish, structure weakening further below 0.5 Fib; watching for reaction near dotted line. Always take profits and manage risk. Interaction is welcome.