🔴 $WLD · 4H
Price is $0.4184 and $WLD remains below the averages that capped it earlier. The $0.4089 area held twice over the last two weeks and is being tested again. Price is down in the lower third of that range. The floor is 2.3% away and the ceiling is nowhere close. The 20 has stayed below the 50 for 34 candles. RSI at 38 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.4089 and $0.4538, sitting near the bottom of it now. Participation is light at about 0.6x average volume. Down 4.5% over 24 hours.
DYOR
$WLD #TechnicalAnalysis
Price is $0.4184 and $WLD remains below the averages that capped it earlier. The $0.4089 area held twice over the last two weeks and is being tested again. Price is down in the lower third of that range. The floor is 2.3% away and the ceiling is nowhere close. The 20 has stayed below the 50 for 34 candles. RSI at 38 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.4089 and $0.4538, sitting near the bottom of it now. Participation is light at about 0.6x average volume. Down 4.5% over 24 hours.
DYOR
$WLD #TechnicalAnalysis
