$WLD zoomed 18% this week… only to slam into a wall. After touching $1.14, it’s now wobbling at $1.03. The hype? Gone. The sellers? Still here.
📉 Why the Drop?
Profit-takers rushed in: After a month underwater, holders hit sell.
Volume flip: $45.4M in sell orders vs. $38M in buys (Coinalyze).
Exchanges heating up: Massive deposits hint at panic exits.
Bearish futures: Open Interest down 9.6%, traders are shorting WLD hard.
Momentum fading: RSI & Stoch RSI say “downtrend incoming.”
🔮 Can Bulls Defend $WLD ?
If $1.00 breaks, $0.96 is on the radar. Bulls need to step in fast or watch the floor fall.
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Agree? Is $0.96 calling or will $WLD bounce back? Drop your take below! 👇