🚨 WLD/USDT – 4H Technical Analysis 🚨
WLD is currently trading within a well-defined ascending channel 📈. After touching the upper boundary, the price sharply dropped by over 11%, signaling a strong rejection from resistance. 🔻
🔍 Key Insights:
🔹 Support Levels:
🟦 $1.000 – major psychological and technical support
🟦 $0.883 – previous breakout zone
🔹 Resistance:
🔺 $1.30–$1.32 zone acted as strong resistance recently
🔹 RSI (14):
📉 Dropping below 50, showing bearish momentum
⚠️ Bearish crossover with its moving average
🔹 Volume:
📊 Big red candle with strong volume = heavy selling pressure
🔹 BBTrend:
📉 Bullish momentum is fading
⸻
📌 What to Watch:
If price breaks below the midline of the channel, we could see a test of the $1.00 or even $0.88 support. However, a bounce from here with volume confirmation could signal continuation toward the top of the channel 📈.
⚠️ Stay cautious – trend is bullish but clearly under pressure.
⸻
#WLD #Crypto #Altcoins #TradingView #TA #TechnicalAnalysis #USDT #CryptoTraders #PriceAction
WLD is currently trading within a well-defined ascending channel 📈. After touching the upper boundary, the price sharply dropped by over 11%, signaling a strong rejection from resistance. 🔻
🔍 Key Insights:
🔹 Support Levels:
🟦 $1.000 – major psychological and technical support
🟦 $0.883 – previous breakout zone
🔹 Resistance:
🔺 $1.30–$1.32 zone acted as strong resistance recently
🔹 RSI (14):
📉 Dropping below 50, showing bearish momentum
⚠️ Bearish crossover with its moving average
🔹 Volume:
📊 Big red candle with strong volume = heavy selling pressure
🔹 BBTrend:
📉 Bullish momentum is fading
⸻
📌 What to Watch:
If price breaks below the midline of the channel, we could see a test of the $1.00 or even $0.88 support. However, a bounce from here with volume confirmation could signal continuation toward the top of the channel 📈.
⚠️ Stay cautious – trend is bullish but clearly under pressure.
⸻
#WLD #Crypto #Altcoins #TradingView #TA #TechnicalAnalysis #USDT #CryptoTraders #PriceAction
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.