$WLD UPDATE
Point of no return? 🚨
The macro outlook is slowly turning bearish. What initially seemed like manipulation now appears to be the first sign of capitulation.
The price is now at a decisive moment, as further decline will invalidate the current structure.
Failing to hold the $3.6-$3.8 level might bring us down to around $3.
A price below $4 will still be a good accumulation zone for the long term.
To regain bullish momentum, I need several confirmations, starting with recovering $4 and then $4.8.
Let's see 👀⚠️
LIVEJJ_Crypto
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Рост
$WLD
The key level to watch 👀 Trading setup idea💡
Despite yesterday's significant selloff, consolidation is still ongoing.
The price tested the $4.35 level multiple times which is becoming a strong support zone( if it hold now)
However, the real key level is around $4.80.
That's the resistance level which separates the highs from the lows
If we can recover that area, we could potentially start to move higher again
Until then, we are likely to remain at the lows
$4 level might be a good accumulation zone
#wld #altcoins #tradingshot #binance #TopCoinsJune2024
The key level to watch 👀 Trading setup idea💡
Despite yesterday's significant selloff, consolidation is still ongoing.
The price tested the $4.35 level multiple times which is becoming a strong support zone( if it hold now)
However, the real key level is around $4.80.
That's the resistance level which separates the highs from the lows
If we can recover that area, we could potentially start to move higher again
Until then, we are likely to remain at the lows
$4 level might be a good accumulation zone
#wld #altcoins #tradingshot #binance #TopCoinsJune2024
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