🔴 $WLD · 4H
Price is $0.3715 and $WLD remains below the averages that capped it earlier. The $0.3600 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 3.1% away and the ceiling is nowhere close. The 20 has stayed below the 50 for 58 candles. RSI at 28 is deep in oversold territory. Over the past day it has traded between $0.3687 and $0.3936, sitting near the bottom of it now. Participation is light at about 0.6x average volume. Down 5.0% over 24 hours.
⚠️ DYOR
$WLD #TechnicalAnalysis
Price is $0.3715 and $WLD remains below the averages that capped it earlier. The $0.3600 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 3.1% away and the ceiling is nowhere close. The 20 has stayed below the 50 for 58 candles. RSI at 28 is deep in oversold territory. Over the past day it has traded between $0.3687 and $0.3936, sitting near the bottom of it now. Participation is light at about 0.6x average volume. Down 5.0% over 24 hours.
⚠️ DYOR
$WLD #TechnicalAnalysis
