$WLFI is showing rejection from a strong resistance zone around 0.17 - 0.18, an area where heavy selling pressure appeared previously. After multiple failed attempts to break above this level, the current structure signals weakness and a potential corrective move.
If price fails to reclaim the resistance, the most likely scenario is a continuation to the downside, targeting lower liquidity zones. Possible pullback targets are around 0.15 and further down near 0.13.
If price fails to reclaim the resistance, the most likely scenario is a continuation to the downside, targeting lower liquidity zones. Possible pullback targets are around 0.15 and further down near 0.13.