$WLD has experienced a -0.727% decline in the last 24 hours, trading within a narrow range of 1.122 and 1.004. The current price remains close to the lower Bollinger Band at 1.033, indicating potential support at 1.004 but also suggesting volatility. The overall downtrend coupled with external macroeconomic pressures, such as inflation data and regulatory uncertainty, suggests a cautious outlook. While Bitcoin's influence remains undefined, traditional market weaknesses could weigh on altcoins like WLD. Traders should consider a short-term strategy, capitalizing on potential rebounds, but exercise caution due to prevailing volatility. Key takeaway: WLD’s future trajectory hinges on broader market sentiments amid macroeconomic pressures.

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