WLD has fallen into clear technical weakness on the 4-hour chart. The MA20 at 0.6079 has long become a strong resistance level, and the price has not even been able to hold above the 0.58 threshold. Consecutive losses have severely undermined bullish confidence.
The RSI started to weaken at 33, and the MACD has formed a death cross downward with continuous divergence. These indicator signals all point in the same direction—there is significant downward pressure. As the risk of a volume-driven break below the previous low of 0.5651 approaches, the current price of 0.5782 has become a focus for many traders.
From an operational perspective, this type of rebound-resistant movement often accelerates downward. However, quick in-and-out trading is the right approach; do not hold on stubbornly here.
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DuckFluff
· 9h ago
WLD this pattern looks terrible. The MA20 has become resistance, and we're still holding on. Just wait until it breaks 0.5651.
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ImpermanentPhilosopher
· 18h ago
WLD this round is really bad, even the MA20 can't hold, indicating that the bulls are out of energy.
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WagmiAnon
· 20h ago
WLD, I'm really going to lose everything now. I got cut during the 0.58 wave, and now I watch it drop and I don't even dare to open my eyes.
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FreeMinter
· 01-09 03:52
WLD really can't hold up this time, it can't even defend 0.58, so what rebound are we talking about?
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NullWhisperer
· 01-09 03:51
technically speaking, the indicators are literally screaming bearish confluence here... MA20 rejection + RSI flatline + diverging MACD? that's not just weakness, that's a potential vector for further breakdown. 0.5651 needs serious watching
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FallingLeaf
· 01-09 03:51
Seeing this death cross getting more and more intense, I really don't want to look at WLD anymore...
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HodlOrRegret
· 01-09 03:50
WLD can't really rally this time. The MA20 has fallen, and you still expect a rebound? Dream on. The guys holding on tightly are probably about to have their mentality explode.
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BloodInStreets
· 01-09 03:49
Another classic "bull trap" scene, can't even hold at 0.58 and still want to buy the dip? I think this is the legendary value trough—a dip until you cut your losses. The RSI is already at 33 and still expanding, this is not technical weakness, it's simply a trap to wipe out and harvest. Don't stubbornly hold on, really, the last time I stubbornly held WLD was just like this, and in the end, I had to cut my losses and leave.
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OnChainSleuth
· 01-09 03:49
Down again and again, where is WLD headed? The MACD has already formed a death cross.
WLD has fallen into clear technical weakness on the 4-hour chart. The MA20 at 0.6079 has long become a strong resistance level, and the price has not even been able to hold above the 0.58 threshold. Consecutive losses have severely undermined bullish confidence.
The RSI started to weaken at 33, and the MACD has formed a death cross downward with continuous divergence. These indicator signals all point in the same direction—there is significant downward pressure. As the risk of a volume-driven break below the previous low of 0.5651 approaches, the current price of 0.5782 has become a focus for many traders.
From an operational perspective, this type of rebound-resistant movement often accelerates downward. However, quick in-and-out trading is the right approach; do not hold on stubbornly here.