$WLD
In the weekly timeframe, the price is attempting to react to the strong drop from last week. A possible scenario (which happens very often) is that when a strong previous candle forms, the price tries to reach the midpoint of that predecessor candle. And it seems to be happening now; however, if it doesn't reach it, forming a green candle despite the bearish strength is a positive signal for the bullish movement because buyers are entering that price range.
In this same timeframe, looking further back, at the blue vertical line, it had been the lowest low, and look at the level that the MACD and RSI reached in both cases, and I compare where the RSI and MACD are now, and the RSI coincides in oversold, but the most important thing is that despite the price being lower than in the past, the MACD did not accompany it as much, there is divergence although it is subtle, it should be taken into account.

In the daily timeframe, there is a bearish channel; currently, the price is trying to reach the upper part of the channel, and we need to see if it breaks through or is rejected. I just explained more details in my channel #renielsTuCanal live, and I leave the video public.