Hangs out on the bottom. Because it's fed 2-3 times per week so it became more active. It'd swim up all the zones. Most wolves, even reds, will sit on the bottom and wait to be fed. This is as active as it gets.
If overfed. It will get a sausage shape and become very sendintary. Meaning when food hit the water then became somewhat active. Not like I described earlier. Just my observation from old fish that I fed daily.
Definitely not like a cichlid. It'll disappoint you if you expect it to act like a cichlid. If you watch a lot of YouTube videos of red wolves then you'll get the idea.