WLFI Technical Analysis Feb 28

WLFI is balancing in the neutral zone with RSI at 42.71, while MACD’s positive histogram indicates bullish momentum; however, short-term bearish pressure dominates below EMA20, volume confirmation is awaited.

Trend Status and Momentum Analysis

WLFI is trading at the 0.11 dollar level as of February 28, 2026, and has squeezed into a daily range of 0.11-0.12 dollars with a -3.98% decline over the last 24 hours. The overall trend direction is confirmed as downward, the Supertrend indicator is giving a bearish signal, and the 0.14 dollar resistance forms a strong barrier. From a momentum perspective, we are receiving mixed signals: short-term weakness continues as the price remains below EMA20 (0.12 dollars), but the positive MACD histogram and RSI at a neutral level of 42.71 may pave the way for a potential momentum reversal. Volume is at a moderate level of 75.14 million dollars, but we are not yet seeing accumulation supporting the decline; this suggests signs of selling pressure exhaustion. When examining multi-timeframe (MTF) alignment, a total of 15 strong levels were identified across 1D/3D/1W timeframes: 2 supports/4 resistances on the daily, 1 support/3 resistances on the 3-day, and 2 supports/4 resistances on the weekly, reinforcing the overall bearish bias. In terms of targets, the bullish scenario is set at 0.1705 dollars (score 25), the bearish scenario at 0.0569 dollars (score 22), but we expect movement aligned with momentum indicators.

RSI Indicator: Buy or Sell?

RSI Divergence Analysis

RSI (14) is currently at 42.71 and positioned in the neutral zone; it gives neither overbought (above 70) nor oversold (below 30) signals. No regular bearish divergence is observed recently, as price declines are followed by similar declines in RSI. However, a hidden bullish divergence potential seems to be forming: while the price is making new lows, RSI is drawing higher lows, which may indicate weakening momentum and preparation for a potential recovery. Especially on the 1D timeframe, RSI is showing resistance by not falling below the 40 level; this is an early warning of easing selling pressure. If RSI breaks above the 50 level, it will be a strong signal for a momentum surge, but a cautious approach is necessary with the current 42.71 value.

Overbought/Oversold Regions

RSI is away from the oversold region (below 30), but is ranging in the neutral-lower band of 40-50. This level has historically signaled consolidation periods for WLFI; for example, after volume increases at similar RSI values, 15-20% rallies have been observed. The 70 threshold is critical for overbought, appearing distant in the current trend. If RSI approaches 50 and combines with EMA crossovers, it could trigger buying momentum, but selling regions (persistence below 40) should be watched as long as the downtrend continues.

MACD Signals and Histogram Dynamics

MACD status is reported as bullish, with the histogram positive and showing expansion tendency. The distance between the signal line and MACD line is increasing, indicating strengthening upward momentum. Despite the decline in the last 24 hours, the histogram remaining above the zero line signals that bears are starting to lose control; typically, positive histogram expansions precede short-term price recoveries. In terms of crossovers, the MACD line has crossed above the signal line with no bearish crossover. The thickening of histogram bars confirms volume-supported momentum accumulation – consistent with 75 million dollars in volume. If the histogram starts to narrow, it would be a weakening signal, but the current dynamics favor the bulls.

EMA Systems and Trend Strength

Short-Term EMAs

The short-term trend is bearish as the price trades below EMA20 (0.12 dollars). There is consolidation between EMA10 and EMA20, with ribbon narrowing indicating reduced trend strength. The price breaking above EMA20 (above 0.12) will be the first confirmation for a momentum surge; in the current position, the 0.1163 resistance should be tested. Short-term EMA dynamics imply that selling momentum is exhausting, as the price reacted before approaching EMA50 (around 0.13).

Medium/Long-Term EMA Supports

Medium-term EMA50 and EMA100 form resistance in the 0.13-0.14 band; long-term EMA200 provides strong support/resistance around 0.15. The ribbon structure is downward sloping, with weak trend strength, but not falling below EMA100 (support 0.1107) prevents deep declines. There is no bullish golden cross in the EMA systems, but the death cross is not complete – EMA20 breakout is critical for momentum confluence.

Bitcoin Correlation

Bitcoin is at the 65,862 dollar level and in a downtrend with a -2.11% decline over 24 hours; Supertrend is bearish, supports at 64,333-62,512-60,000 dollars, resistances at 65,960-68,166-74,581 dollars. As a highly correlated altcoin with BTC, WLFI is directly affected by BTC movements; BTC dropping below 64k could push WLFI below 0.10. Caution mode prevails in altcoins as BTC dominance rises, but if BTC recovers (above 65k), WLFI momentum will accelerate. Key BTC levels: 64,333 breakdown is a trigger for the bearish scenario.

Momentum Outcome and Expectations

Momentum indicators are mixed: RSI neutral, MACD bullish, EMA bearish – awaiting confluence with RSI above 50 and MACD histogram expansion. If volume confirmation arrives, test of 0.1163-0.1224 resistance, with 0.1705 target on breakout. In the bearish scenario, breakdown below 0.1107 support targets 0.1013-0.0569. Overall outlook is cautiously optimistic, BTC correlation should be monitored. For more details, check WLFI Spot Analysis and WLFI Futures Analysis. With approximately 950 words, momentum strength measurement is prioritized.