$WLD 30 hit a new daily low before being pulled back up.
24h: -5.17%, current price: 0.4108, previous low: 0.4106.
Structurally, it quickly reclaimed the previous low after breaking below it, showing signs of a bear trap. Holding steady would be a signal that the decline has bottomed; another break below would mean the downtrend is continuing. What’s your take at this stage?
24h: -5.17%, current price: 0.4108, previous low: 0.4106.
Structurally, it quickly reclaimed the previous low after breaking below it, showing signs of a bear trap. Holding steady would be a signal that the decline has bottomed; another break below would mean the downtrend is continuing. What’s your take at this stage?