WLD is inching upward, taking its time. It swept both sides, and sentiment fluctuated even more than the price.
Price: 0.3016, change: +0.33%, trading volume: 14 million USDT. It’s in the upper-middle part of the range, with the center of gravity gradually moving higher.
The current price is 3.5% below the 7-day moving average at 0.3126, and 24.7% below the 25-day moving average at 0.4007. It’s down 49.6% from the 30-day high of 0.5983. The range is still holding, but the center of gravity is slowly drifting lower. 0.2849 is the key level below; a break below it would be trouble.
At this level, neither going long nor short feels comfortable. My approach is simple: wait for it to reclaim the 7-day moving average before making a call.
How are you trading it?
(Just keeping a record; this is not investment advice.)
#WLD #技术分析 #MarketSentiment
Price: 0.3016, change: +0.33%, trading volume: 14 million USDT. It’s in the upper-middle part of the range, with the center of gravity gradually moving higher.
The current price is 3.5% below the 7-day moving average at 0.3126, and 24.7% below the 25-day moving average at 0.4007. It’s down 49.6% from the 30-day high of 0.5983. The range is still holding, but the center of gravity is slowly drifting lower. 0.2849 is the key level below; a break below it would be trouble.
At this level, neither going long nor short feels comfortable. My approach is simple: wait for it to reclaim the 7-day moving average before making a call.
How are you trading it?
(Just keeping a record; this is not investment advice.)
#WLD #技术分析 #MarketSentiment