$WLD

WLD, short-term weak rebound, long-term downward trend has not changed.

WLD has been widely criticized for its low circulation and high market value. After multiple declines in the market, it has reached the short-term bottom position. Both the 4h and daily levels have formed a descending wedge and reached the bottom position, indicating that the potential downward trend has slowed down and rebounded. Combined with the Bollinger Bands, it is found that its opening has become larger and the price is between the middle and lower tracks. The market is still in a short market.

Prior to this, a bull flag pattern was formed in the short term and effectively fell below its pattern, further falling. Combined with its July token release, the further downward trend cannot be stopped, but there is still room for rebound before further decline.

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