World Liberty Financial (WLFI) price has declined by more than 30% from its 2026 high, and things could even get worse soon. Recent chart analysis shared by crypto analyst Crypto Patel paints a tense picture where support and resistance levels now decide the next major move.
Crypto Patel highlights that WLFI once reached an all-time high near $0.4780 before entering a steady bearish structure on the daily timeframe. Current price action around $0.1306 shows how strong the selling pressure has been since that peak. The drop now stands close to 78% from the top, which places the asset at a technically sensitive zone where reactions often become sharp.
WLFI Price Structure Shows A Battle Between $0.113 Support And $0.20 Resistance
The attached chart outlines a clear horizontal support region between $0.113 and $0.125. Price recently tested this green zone after falling from a lower high near the resistance band around $0.18 to $0.20. This repeated rejection confirms that buyers have not regained control of the broader trend.
Crypto Patel explains that holding above $0.113 could allow a short relief bounce back toward the $0.18 to $0.20 resistance area. Such a move would represent roughly a 40% recovery from support. Market structure would still remain bearish unless WLFI pushes above $0.20 with strong volume and a convincing higher timeframe candle close.
Breakout confirmation above that resistance could open the door toward much higher targets, with the analyst pointing to a possible path back toward the $1 region over time. That scenario requires a clear change in momentum, which the chart does not yet show.
Breakdown Below Key WLFI Support Could Send Price Toward $0.07
Risk remains visible on the downside. Crypto Patel warns that a decisive move below $0.113 support may trigger another sharp decline. The projected drop from that breakdown level sits near 40%, which places the next major downside target close to $0.07.
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The chart structure supports this caution. Price continues to print lower highs within a descending channel, and each rebound has weakened faster than the previous one. Sellers still dominate the short term direction, which keeps pressure on the support zone.
Traders often watch moments like this for confirmation instead of prediction. Clear defense of support may create a temporary recovery. Failure at that level could accelerate losses quickly.
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