$WLD just got smoked for -10.8% today and is still sitting on a 12.72% weekly gain, that's the tape right now.
the drop looks scary on the daily candle but zoom out: this thing is up 35.42% over the past month, beating BTC by 28.9 points over that same stretch. a red day inside a green month is a reset.
setup score is 7 out of 14, nothing to brag about, but RSI at 63 and a MACD histogram still positive with volume running 1.65x the 20-day average tells me buyers didn't leave the building, they just took a breather. $92M moved through Binance spot in the last 24 hours alone.
$WLD trades at $0.516 right now. if it holds yesterday's low at $0.5106, i think it grinds back up toward the 10-day swing high at $0.5884. if it loses $0.5106, i'm wrong on this and anyone who bought today's dip is staring at a second leg down with nothing to catch it.
holding $0.5106 or breaking it?
follow me for more calls like this.
the drop looks scary on the daily candle but zoom out: this thing is up 35.42% over the past month, beating BTC by 28.9 points over that same stretch. a red day inside a green month is a reset.
setup score is 7 out of 14, nothing to brag about, but RSI at 63 and a MACD histogram still positive with volume running 1.65x the 20-day average tells me buyers didn't leave the building, they just took a breather. $92M moved through Binance spot in the last 24 hours alone.
$WLD trades at $0.516 right now. if it holds yesterday's low at $0.5106, i think it grinds back up toward the 10-day swing high at $0.5884. if it loses $0.5106, i'm wrong on this and anyone who bought today's dip is staring at a second leg down with nothing to catch it.
holding $0.5106 or breaking it?
follow me for more calls like this.
