World Liberty Financial’s WLFI, a cryptocurrency linked to U.S. President Donald Trump, has fallen 7% in the past week, intensifying bearish sentiment across the market. Both spot and derivatives data indicate waning trader interest, raising concerns that the token could revisit its all-time low of $0.16.
Technical analysis of the WLFI/USD four-hour chart highlights a declining Chaikin Money Flow (CMF), now at -0.13. This momentum indicator, which combines price and volume to assess buying and selling pressure, suggests sellers are firmly in control. A negative CMF reflects weak demand and continued distribution, reinforcing the risk of further downside.
The bearish outlook is further supported by WLFI’s futures open interest, which has dropped to $802.84 million, down 5% in the last 24 hours. Open interest represents the total number of unsettled futures contracts and serves as a measure of liquidity and market conviction. A steady decline signals that traders are closing positions rather than opening new ones, underscoring fading confidence in the token.
With demand showing little recovery, WLFI remains under significant pressure. Should selling momentum persist, the token could revisit its $0.16 all-time low, potentially falling further if selloffs accelerate. Conversely, if fresh demand enters the market, WLFI could rebound and push above the $0.22 resistance level, opening the door for a short-term rally.
As bearish forces dominate, traders and investors will closely monitor market sentiment and trading volumes to determine whether WLFI stabilizes or slides deeper into bearish territory.
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