Technical analysis by shakhitami about Symbol WLD: Sell recommendation (7/23/2025)

🚨 WLD/USDT – 4H Technical Analysis 🚨 WLD is currently trading within a well-defined ascending channel 📈. After touching the upper boundary, the price sharply dropped by over 11%, signaling a strong rejection from resistance. 🔻 🔍 Key Insights: 🔹 Support Levels: 🟦 $1.000 – major psychological and technical support 🟦 $0.883 – previous breakout zone 🔹 Resistance: 🔺 $1.30–$1.32 zone acted as strong resistance recently 🔹 RSI (14): 📉 Dropping below 50, showing bearish momentum ⚠️ Bearish crossover with its moving average 🔹 Volume: 📊 Big red candle with strong volume = heavy selling pressure 🔹 BBTrend: 📉 Bullish momentum is fading ⸻ 📌 What to Watch: If price breaks below the midline of the channel, we could see a test of the $1.00 or even $0.88 support. However, a bounce from here with volume confirmation could signal continuation toward the top of the channel 📈. ⚠️ Stay cautious – trend is bullish but clearly under pressure. ⸻ #WLD #Crypto #Altcoins #TradingView #TA #TechnicalAnalysis #USDT #CryptoTraders #PriceAction