🔴 $WLD — THE PULLBACK MAY JUST BE STARTING 👀
WLD pushed strongly from $0.5495 to around $0.6096, but the momentum is now cooling down. On the 5M chart, price is struggling around the short-term moving averages while MACD has turned negative, showing increasing selling pressure.
I think WLD could move lower from here. If $0.5960 support breaks, the downside move could accelerate toward deeper support levels.
📉 I’m going SHORT on WLD and watching the breakdown closely.
Do you think WLD will continue dropping from here? 👀
#binance #bitcoin #FedOctoberRateHikeOddsFallTo17% #TradingCommunity
WLD pushed strongly from $0.5495 to around $0.6096, but the momentum is now cooling down. On the 5M chart, price is struggling around the short-term moving averages while MACD has turned negative, showing increasing selling pressure.
I think WLD could move lower from here. If $0.5960 support breaks, the downside move could accelerate toward deeper support levels.
📉 I’m going SHORT on WLD and watching the breakdown closely.
Do you think WLD will continue dropping from here? 👀
#binance #bitcoin #FedOctoberRateHikeOddsFallTo17% #TradingCommunity
