WLFI Faces Three Risks After 20% Rally

WLFI price surged nearly 20% over the past 24 hours, but three on-chain and trading metrics signal growing risks. Mega-whales sold heavily into the rally and mid-term holders suddenly moved large token amounts, creating overhead pressure that could stall the advance.

On the 8-hour chart, the token forms a rounded cup that needs a handle before a valid breakout. The upsloping neckline shows buyers paying higher prices over time, while a hidden bearish RSI divergence between February 4 and February 18 suggests a pullback could be constructive for handle formation.

The pattern projects a measured target of $0.142, about 17% above the breakout point, but $0.105 is the critical support that decides the pattern’s fate. Mega-whale addresses holding more than 1 billion tokens reduced their positions from 9.45 billion to 8.35 billion on February 17, selling roughly 1.1 billion tokens into strength.

wlfi token, mega whales, on-chain metrics, mid-term holders, cup handle, breakout target, support 0.105, rsi divergence, upsloping neckline, 1.1 billion