World Liberty Financial price is testing the $0.10 support zone after USD1 briefly lost its peg amid claims of a coordinated attack.
Summary
- WLFI fell to its lowest recent intraday level as USD1 briefly depegged.
- The team says no funds were compromised and the peg was quickly restored.
- The $0.10 level is now critical for short-term price direction.
World Liberty Financial (WLFI) token was trading at $0.1084 at press time, down 4.8% over the past 24 hours, marking its lowest intraday level in recent sessions.
The pullback adds pressure on the token, which had been trying to stabilize during the wider crypto market downturn. WLFI is still 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. In contrast, derivatives data from CoinGlass shows futures volume down 21% to $435 million, while open interest fell 8.6% to $255 million, suggesting some traders are trimming positions.
USD1 briefly slips below peg
The volatility followed a temporary depeg of USD1 on Feb. 23. The stablecoin dropped to around $0.994, a deviation of roughly 0.6%, with some exchanges briefly showing deeper dips during peak volatility. It recovered quickly, returning close to $1 within minutes to hours.
WLFI described the episode as a coordinated attack. According to the team, several co-founders’ X accounts were compromised, misleading information was circulated online, and large short positions were opened against the WLFI token to benefit from panic selling.
In a public statement, WLFI said no smart contracts or user wallets were affected. The team attributed the fast recovery to USD1’s full 1:1 backing in U.S. dollars and cash equivalents, along with its mint-and-redeem design.
Although the peg was restored quickly, the brief disruption appears to have weighed on the WLFI governance token.
World Liberty Financial price technical analysis
The daily chart shows WLFI retesting the $0.10–$0.105 area, a clear psychological support zone. Just above this level, a number of daily closes are clustered, suggesting short-term buying interest.
The price is trading below the 20-day moving average and embracing the lower Bollinger Band. This configuration indicates short-term bearish control. The bands expanded sharply during the depeg event, reflecting a volatility spike.
Structurally, the chart shows a sequence of lower highs and lower lows since the January peak near $0.18–$0.19. The current downward trend was confirmed by the breakdown below the previous consolidation support at $0.13.
Near 40, the relative strength index is below neutral but not significantly oversold. Although a technical bounce is possible, momentum is in favor of sellers. Further declines toward $0.085–$0.09 could be triggered by a daily close below $0.10.
With the 20-day average serving as the first upside test, a significant move regaining $0.11 and pushing the RSI back toward the 45–50 zone would indicate the possibility of a short-term recovery.
