The WLD head and shoulders top pattern has been confirmed, and the key support level has been broken, signaling a clear market weakening. From the candlestick pattern, this decline is not a false move, and the bullish momentum is gradually depleting. Currently, the price continues to decline, and the short-term rebound space is limited. If the breakdown continues, the target may extend toward around 0.52. In the current market situation, cautious handling is the best approach—don't be fooled by the rebound.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
20 Likes
Reward
20
9
Repost
Share
Comment
0/400
SchrodingerPrivateKey
· 13h ago
The head and shoulders top has been confirmed. I already said WLD has been weak for a while, and 0.52 probably won't hold.
View OriginalReply0
GasFeeWhisperer
· 01-09 23:42
Is the head and shoulders top confirmed? I looked for a long time but couldn't figure it out, maybe I need to get glasses haha
View OriginalReply0
NFT_Therapy
· 01-09 08:26
The head and shoulders top has been confirmed. It should have appeared earlier. What are you still waiting for?
View OriginalReply0
LiquidityHunter
· 01-08 03:59
How is the liquidity depth at the 0.52 price level? Has anyone looked at DEX data? The key is whether the slippage can be controlled.
View OriginalReply0
YieldFarmRefugee
· 01-08 03:56
Head and shoulders top? I've seen it coming a long time ago. This time, it's really going to drop.
Are we going to get trapped again? Damn.
Can 0.52 hold? Feels like it still needs to drop further.
Rebounds are all fake, brothers, don't try to catch the bottom.
The bulls are dead, this wave is truly hopeless.
Support is completely broken, I think there's still room to fall.
View OriginalReply0
ForkYouPayMe
· 01-08 03:56
0.52 see, already prepared mentally, run when it rebounds
View OriginalReply0
GasFeeCrier
· 01-08 03:48
Head and shoulders top confirmation? Here we go again, every time they say the confirmation result is still a rebound...
View OriginalReply0
BearMarketGardener
· 01-08 03:48
Another prediction that it will drop to 0.52. Is this one real or fake?
View OriginalReply0
MagicBean
· 01-08 03:45
I've heard the head and shoulders top explanation too many times, but WLD this time is indeed quite fierce.
The WLD head and shoulders top pattern has been confirmed, and the key support level has been broken, signaling a clear market weakening. From the candlestick pattern, this decline is not a false move, and the bullish momentum is gradually depleting. Currently, the price continues to decline, and the short-term rebound space is limited. If the breakdown continues, the target may extend toward around 0.52. In the current market situation, cautious handling is the best approach—don't be fooled by the rebound.