WLFI has declined by 706.64% over the past year due to a prolonged downward trend and ongoing market challenges

On September 22, 2025, WLFI plunged by 1091.95% in just 24 hours, reaching a price of $0.2145. Over the past week, the token dropped 158.73%, and over the span of a month as well as a year, it suffered a 706.64% decrease.

WLFI has been in a persistent downward trend across several time periods. In the last day, the asset lost more than tenfold its value, representing one of its most severe daily losses. Over the last week, the cumulative drop grew, with the price falling by 158.73%. These declines have contributed to a 706.64% reduction since the beginning of the year, and there are currently no indications of a rebound.

This ongoing decline has been linked to sluggish on-chain performance and waning confidence in the market. Attempts to stabilize the price have not drawn much response from investors, and significant selling activity remains prevalent across the main exchanges. The token has been unable to maintain crucial support and psychological thresholds, fueling further downward momentum.

Technical signals continue to support the bearish case. The MACD indicator remains negative, and the RSI has dipped below 30, showing that the token is in oversold territory. However, these technical levels have not historically resulted in significant recoveries, and further drops have often followed. Additionally, the 200-day exponential moving average, which previously acted as a support level after being resistance, has now been breached, reinforcing the outlook for continued declines.

Backtesting Approach

An outlined backtesting approach seeks to measure likely results by analyzing past price trends and current technical data. This strategy targets short-term bearish trades, using signals such as RSI divergence and decreasing trading volume as entry points, and sets stop-loss orders below important support zones. Data from comparable assets shows that holding a short position for 5 to 7 days after a bearish breakout has historically produced steady returns during long-lasting downtrends. The goal is to determine if combining a low RSI with price drops beneath moving averages could have anticipated and capitalized on WLFI's recent price action.