Today, let's continue to analyze WLD.
WLD, the bottom you think is not the real bottom. It has fallen below the 200-day moving average and the descending wedge. The recent big market crash and rebound have limited fluctuations. The 24-hour trading volume is about 5%, and its eight-wave pattern has completely ended.
Since the big drop has reached a certain bottom, the decline caused by the release of its tokens in July should be more conservative. If there is more favorable news, then its decline will be more conservative. However, the risks brought by low circulation are still far greater than the benefits.
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