In my opinion, $WOD is testing traders' patience right now.
I see no point in shorting in the middle of the move.
It’s much more reasonable to wait for a pullback to 0.00785–0.00795 and see whether sellers can protect this zone again.
If they can, then a drop to 0.00774 and 0.00744 remains the most likely scenario.
But the market loves to break expectations.
If the price confidently holds above 0.00852, I won’t be stubborn about it—I’ll give up the bearish scenario and start considering a rise to 0.00895 and 0.00925.
In the market, flexibility is always worth more than the desire to be right.
I see no point in shorting in the middle of the move.
It’s much more reasonable to wait for a pullback to 0.00785–0.00795 and see whether sellers can protect this zone again.
If they can, then a drop to 0.00774 and 0.00744 remains the most likely scenario.
But the market loves to break expectations.
If the price confidently holds above 0.00852, I won’t be stubborn about it—I’ll give up the bearish scenario and start considering a rise to 0.00895 and 0.00925.
In the market, flexibility is always worth more than the desire to be right.