$WLD couldn't hold its 4H breakout 👀
Price is around 0.5603, back under 0.5617 after the break above 0.5761. The move didn't stick, so I'm not reading it as strength until price can reclaim 0.5761.
If #WLD stays under 0.5761, the chart suggests a possible drift toward 0.4663, where price found support before. A 4H close back above 0.5761 would put the breakout back in play.
On the record, WLD's setup is still open - it's only wrong on a daily close below 0.4663.
Original breakout post: https://www.binance.com/square/post/376191098540256
Fakeout, or just a deeper reset for WLD? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev
Price is around 0.5603, back under 0.5617 after the break above 0.5761. The move didn't stick, so I'm not reading it as strength until price can reclaim 0.5761.
If #WLD stays under 0.5761, the chart suggests a possible drift toward 0.4663, where price found support before. A 4H close back above 0.5761 would put the breakout back in play.
On the record, WLD's setup is still open - it's only wrong on a daily close below 0.4663.
Original breakout post: https://www.binance.com/square/post/376191098540256
Fakeout, or just a deeper reset for WLD? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev