WLFI Price to Extend Its 20% Rally? 3 Risks Now Threaten the Next Leg
BeInCrypto
WLFI's 20% price surge faces potential setbacks due to whale distribution, diverging positions, and increased activity from mid-term holders.Summary
World Liberty Financial (WLFI) has experienced a recent 20% price increase, but the rally may be threatened by three key risks. Firstly, large whales are selling off significant holdings, creating overhead pressure. Secondly, while some whale cohorts are increasing long positions, the largest holders are reducing theirs, and 'Smart Money' is taking net short positions, indicating caution. Finally, mid-term holders are activating a large number of tokens for potential exit, adding to the potential selling pressure. The price needs to consolidate above $0.105 to maintain the bullish 'cup' pattern and reach a target of $0.142; a breakdown below this level could lead to a further decline, potentially to $0.090 or lower.
(Source：BeInCrypto)