Markets· ★★· bearish·

WLD Falls 8.03% to $0.443, Testing Key Support Levels

  • —Price at $0.443, below SMA-7 of $0.526 and SMA-50 of $0.482
  • —Volume of $319.2 million, 20.3% below the 30-day average
  • —RSI at 41.2 and stochastic at 1.3% point to a possible unconfirmed bounce
  • —Down 10.54% over 7 days and 20.77% over 14 days, up 37.96% over 90 days
Why it matters: WLD's weakness alongside negative funding and falling open interest signals long unwinding; a break below the $0.423 SMA-90 would add further pressure.
Source: DiarioBitcoin