WLD's recent performance is still somewhat promising. From the daily chart, the moving averages are arranged quite neatly, indicating a strong bullish trend. However, the resistance above is quite tight, with many bears guarding that level.
On the funding side, there are some signs of warmth—recent large transfers on the chain have noticeably increased, institutions and major holders are quietly adding positions, suggesting someone is accumulating at the bottom. The buying pressure clearly outweighs the selling pressure, which is a good sign.
Regarding market sentiment, community activity is rising, especially among coins related to AI concepts, which have been generally strong lately. WLD, as part of this sector, is also benefiting and seems to be riding the wave of the rally. Looking at the overall market, in a pattern of oscillation with a slight upward bias, WLD's correlation with the broader market is quite high, basically moving in sync.
Specifically, in terms of support levels: the short-term support is around $0.57. If the price really drops below that, the next level to watch is whether $0.55 can hold. In the medium term, an important support is at $0.53, which was a previous dense trading zone, so there's a good chance it will act as a support. Resistance above is more obvious: the 5-day moving average is pressing down hard at $0.60, and further up, the 10-day moving average along with a pile of accumulated chips is around $0.62, making a breakout difficult.
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Blockchainiac
· 01-11 21:18
Institutions are lurking at the bottom? Really? I feel like it's all retail investors taking the fall.
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BrokenRugs
· 01-11 09:50
Institutions are lurking at the bottom. If 0.57 can't hold, then watch 0.55. How many times has this trick been played...
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ApeWithNoChain
· 01-11 09:49
Are institutions positioning at the bottom? Should I also get on board now? I'm just worried about getting caught in a trap once I do.
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GhostWalletSleuth
· 01-11 09:43
Are institutions secretly accumulating at the bottom? Does this really make sense? I feel like it's just another scheme to trap retail investors.
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SoliditySurvivor
· 01-11 09:23
Institutions are accumulating at the bottom. This move is quite interesting, but I'm just worried it might be a trap to lure more buyers.
WLD's recent performance is still somewhat promising. From the daily chart, the moving averages are arranged quite neatly, indicating a strong bullish trend. However, the resistance above is quite tight, with many bears guarding that level.
On the funding side, there are some signs of warmth—recent large transfers on the chain have noticeably increased, institutions and major holders are quietly adding positions, suggesting someone is accumulating at the bottom. The buying pressure clearly outweighs the selling pressure, which is a good sign.
Regarding market sentiment, community activity is rising, especially among coins related to AI concepts, which have been generally strong lately. WLD, as part of this sector, is also benefiting and seems to be riding the wave of the rally. Looking at the overall market, in a pattern of oscillation with a slight upward bias, WLD's correlation with the broader market is quite high, basically moving in sync.
Specifically, in terms of support levels: the short-term support is around $0.57. If the price really drops below that, the next level to watch is whether $0.55 can hold. In the medium term, an important support is at $0.53, which was a previous dense trading zone, so there's a good chance it will act as a support. Resistance above is more obvious: the 5-day moving average is pressing down hard at $0.60, and further up, the 10-day moving average along with a pile of accumulated chips is around $0.62, making a breakout difficult.