ALT5 Sigma Board Approves Strategic WLFI Token Purchases as Price Dips 16% to $0.12

London, February 1, 2026 (COINOTAG) – ALT5 Sigma's board of directors approved a strategic decision to purchase additional WLFI tokens from the open market on January 29, signaling confidence amid a sharp 16.03% price decline to $0.12, according to company announcements and market data from CoinMarketCap.

Supporting Market Data

The approval comes as WLFI recorded a 24-hour trading volume of $278,347,707, with a daily high of $0.15 and low of $0.12. Despite the downtrend, the move by ALT5 Sigma could provide buying support, per the January 29 announcement at 13:04 UTC.

Broader Crypto Market Context

WLFI's decline mirrors Bitcoin's 5.40% drop to $78,590.59, with BTC in a bearish supertrend, cautioning altcoins. WLFI trades below its EMA 20 ($0.1576), EMA 50 ($0.1577), and EMA 200 ($0.1629), confirming the downtrend.

Background on WLFI Developments

WLFI has faced volatility, with technical indicators flashing oversold conditions: RSI (14) at 27.30, Stochastic K/D at 3.51/14.26, and price below Bollinger Lower Band ($0.1364). MACD remains bearish with a negative histogram. This corporate buy-in follows prior market pressures, potentially aiming to bolster token fundamentals.

Technical Analysis Breakdown

Key supports include strong S1 at $0.1153 (72/100 score, -6.34% distance) and multi-timeframe S1 at $0.1178 (79/100). Resistances start at R1 $0.1238 (73/100, +0.57%). Pivot point sits at $0.1270, with ATR volatility at 0.0133 signaling potential swings. Multi-timeframe confluences highlight 10 strong levels across 1D/3D/1W.

Looking Ahead

Traders should monitor if ALT5 Sigma's purchases defend $0.1153 support or push toward R1 $0.1238. Oversold signals suggest a possible rebound, but sustained BTC downtrend poses risks to crash targets like $0.1056. Upcoming volume and board execution details will be critical, with moon targets at $0.2334.