WIF Price Stalls at $0.25: Is It a Dead Cat Bounce?

The price of WIF has stalled at $0.25, with momentum exhausted and open interest shedding nearly 5% in 24 hours.

This is a make-or-break inflection point where a clean break above $0.26 opens the path to $0.28.

WIF's respectable recovery from its lows has been driven by a bullish alignment of major Simple Moving Averages (SMA), but the price has now caught up to this structure and is sitting dead on the pivot at exactly $0.25.

The momentum that drove this recovery has completely run out of gas, with the Bollinger Squeeze Upper Rail and MACD both signaling a decision point.