$WLD Market Sharp Commentary: Price Consolidation, Short-term Focus Shifts to Unlocking Pressure and Ecological Implementation
As of today, the WLD coin market shows a narrow range of fluctuations, with the 4-hour K-line displaying a "volume-price divergence" pattern. The MACD histogram continues to narrow, and bullish momentum is weakening. The KDJ indicator hovers neutrally around 76, and the short-term trend has not formed a clear direction.
The core contradiction faced by WLD: the current circulation is about 1.3 billion coins, accounting for 13% of the total supply of 10 billion coins. The team's and investors' tokens are unlocked linearly over a maximum period of 5 years, with an additional circulation of about 2 million coins per day. If the demand side cannot absorb the selling pressure, the price may face downward pressure.
Short-term technical support levels are focused on the $0.75-$0.80 range; if broken, it may trigger a chain stop-loss. Resistance levels are at $1.0-$1.1, which need to be broken and held to open up upward space. The current RSI indicator is at the neutral level of 45, the Bollinger Bands are narrowing, volatility has dropped to historical lows, and the trend change window is approaching.
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