So, confess, who bought WLD "to the max" last night because "it's flying"? 🚀 Our CVD chart is working today as a lie detector, and here's what it says.
Let me tell you what's happening:
We see a vertical delta. It looked like the whole world decided to buy Worldcoin at the same time.
The price has hit the ceiling, and the orange CVD line, instead of stopping at the same level, has started to decline.
Those who bought at the highs are now actively pressing the 'Sell' button in the market, creating the same rapid dump that we see on the right side of the chart.
A tip for the future: If you see such a 'sharp icicle' on CVD, as in this screenshot — this is not an entry point. This is the point where big players say 'thank you for the liquidity' and go take a break. 🏖️
Remember: A healthy delta should 'hover' at the top. If it drops faster than your profit expectations — it's time to run!