World Liberty Financial price is testing the $0.10 support area after USD1 briefly lost its peg amid claims of a planned attack.
Summary
- WLFI fell to its latest intraday high as USD1 was briefly reduced.
- The team says that no money was disturbed and the peg was returned immediately.
- The $0.10 level is now important for short-term price direction.
The World Liberty Financial (WLFI) token was trading at $0.1084 at press time, down 4.8% in the last 24 hours, marking its lowest intraday level in recent sessions.
The pullback adds pressure to the token, which has been struggling to stabilize during the broader crypto market downturn. WLFI is up 7.8% over the past week, but remains down 38% over the past month.
Spot market activity has increased. WLFI recorded $192 million in 24-hour trading volume, up 27% from the previous day. Conversely, data from CoinGlass shows futures volume down 21% to $435 million, while open interest fell 8.6% to $255 million, suggesting that some traders are reducing positions.
USD1 slips briefly below the peg
The volatility followed a short-term decline of USD1 in Feb. 23. The stablecoin fell to around $0.994, a deviation of about 0.6%, another move that briefly reflected a deep dive amid intense volatility. It recovers quickly, returning to $1 within minutes to hours.
WLFI described the episode as a coordinated attack. According to the group, many X affiliate accounts were compromised, misleading information was spread online, and large short positions were opened against the WLFI token to profit from panic selling.
In a public statement, WLFI said that no smart contracts or user wallets were affected. The team has included a full 1:1 USD1 fast return backed by US dollars and cash equivalents, along with its mint-and-redeem design.
Although the peg was quickly restored, the brief disruption appears to have weighed on the WLFI management token.
Technical analysis of the price of World Liberty Financial
The daily chart shows WLFI retesting the $0.10–$0.105 area, a clear area of psychological support. Just above this level, the number of daily closes is aggregated, suggesting short-term buying interest.
The price is trading below the 20-day moving average and accepting the lower Bollinger Band. This setup shows a short-term bearish control. The bands grew larger during the depeg event, indicating increased variability.
Structurally, the chart shows a sequence of highs and lows from the January high near $0.18–$0.19. The current bearish trend was confirmed by a break below the previous consolidation support at $0.13.
Near 40, the relative strength indicator is below neutral but not oversold. Although a technical bounce is possible, the momentum is in favor of sellers. A further decline to $0.085–$0.09 may be triggered by a daily close below $0.10.
With the 20-day moving average serving as the first test of the upside, a significant move back to $0.11 and pushing the RSI back to the 45–50 zone would indicate the possibility of a short-term recovery.
