World Liberty Financial announced a WLFI token buyback program that could be funded partly by revenue from the reserves backing the USD1 stablecoin. WLFI has fallen more than 60% this year, while the lack of an initial allocation or a precise purchase schedule limits the initiative’s potential market impact. On November 6, the token traded around $0.0476, with resistance between $0.0482 and $0.0488; $0.0500 is a significant psychological level. A confirmed breakout above this zone, supported by stronger trading volumes, could signal a recovery, while a fall below $0.0447 would deepen the bearish trend. Technical indicators remain cautious, with the relative strength index relatively low and the token trading below key longer-term moving averages.
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