🔴 $WLD · 4H
Price is $0.4988 and $WLD remains below the averages that capped it earlier. $0.4590 on the low side and $0.6192 on the high side have contained the last two weeks. Price is down in the lower third of that range. The floor is 8.0% away and the ceiling is nowhere close. The 20 crossed below the 50 recently, for only 6 candles, so this leg is still young. RSI at 40 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.4590 and $0.5339, sitting around the middle of it now. Participation is light at about 0.6x average volume. Down 5.2% over 24 hours.
DYOR
$WLD #TechnicalAnalysis
Price is $0.4988 and $WLD remains below the averages that capped it earlier. $0.4590 on the low side and $0.6192 on the high side have contained the last two weeks. Price is down in the lower third of that range. The floor is 8.0% away and the ceiling is nowhere close. The 20 crossed below the 50 recently, for only 6 candles, so this leg is still young. RSI at 40 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.4590 and $0.5339, sitting around the middle of it now. Participation is light at about 0.6x average volume. Down 5.2% over 24 hours.
DYOR
$WLD #TechnicalAnalysis