1. Current price and general context
Current price: 0.779 EUR per WLD.
Daily variation: -0.26% (slight decrease).
24h range: Minimum 0.736 - Maximum 0.814 EUR.
Volume: 84,809.80 WLD (high liquidity).
In COP: ~COL$3,771.28 with +2.10% today (recent strength in local currency).
---
2. Quick technical analysis
Short-term trend (1m): Volatility and slight declines with intermittent bounces.
Strong support: 0.775 EUR (many buy orders there).
Immediate resistance: 0.782-0.785 EUR (many sell orders).
This suggests that the price is 'trapped' in a narrow range, which can be good for quick trading but less attractive for long-term investment without trend confirmation.
---
3. Market sentiment indicators
Demand (buyers): 58.72%
Supply (sellers): 41.28%
This indicates that the current sentiment is slightly bullish, meaning there is more interest in buying than selling.
---
4. Historical profitability
Today: +2.61%
7 days: +27.85% (very positive)
30 days: -7.86%
90 days: -63.82% (long-term red alert)
The drop of more than 60% in 3 months is concerning if you're looking for a stable investment. But if you are interested in speculation or taking advantage of bounces, there could be opportunities.
--
To invest or not?
General recommendation:
For the short term (trading): Yes, with a clear entry and exit strategy. Aim to bounce between support and resistance.
For medium/long term: Not for now, until there are clear signals of recovery or breaking strong resistances.
