$WLD I’m watching 0.4929, the 24-hour low. The current price is 0.515, just 4.3% above it. Trading volume for the day is 40M, and the past hour’s volume is only 0.4 times the hourly average—the price is sliding on low volume. A low-volume decline is a long way from a low-volume bottom; the difference comes down to this level: if 0.4929 gets tested again and buyers step in, that’s meaningful. If it breaks straight through, everyone who bought the dip today will be trapped. Of the two signals—price and volume—only volume looks weak right now, so I’m not taking a position.

#WLD #BinanceSquare #Crypto