On SEP 5 2025, WLFI rose by 53.53% within 24 hours to reach $0.1875, WLFI dropped by 1957.17% within 7 days, dropped by 1957.17% within 1 month, and dropped by 1957.17% within 1 year.
Despite a sharp intraday rally, WLFI continues to exhibit a steep long-term decline, with cumulative losses far exceeding its recent gains. The 24-hour rebound marks a brief reversal in a broader bearish trend, which has seen the asset lose nearly all of its value over the past year. The price movement underscores WLFI’s volatility and highlights the challenges investors face in predicting short-term direction amid a deteriorating fundamental backdrop.
Technical indicators remain mixed, with short-term momentum suggesting a potential bounce while longer-term trends remain bearish. Oscillators such as RSI and MACD have shown signs of overbought conditions following the 24-hour upswing, yet these signals may be short-lived given the asset’s long-term trajectory.
Backtest Hypothesis
A proposed backtesting strategy focuses on identifying short-term reversal opportunities amid WLFI’s sharp price swings. The method assumes entry following a confirmed break above a 20-period moving average, with stop-loss placed below the prior swing low. The strategy also incorporates a 7-period RSI to identify overbought conditions and signals for exit. Given WLFI’s history of rapid corrections, the backtest is designed to capture quick rebounds before the asset re-enters a downtrend. This approach aligns with the recent 24-hour rally, which could represent a temporary equilibrium point in a broader bear market.