$WLD AI Sector Testing Breakout Above 24H High! ๐
On the 1h timeframe, $WLD currently at $1.181, up by a strong +12%! The 24h high is $1.202, with a massive volume of 100M WLD and 112M USDT. The RSI is elevated at 67, indicating strong buying pressure as it tests the breakout level.
โ Key Observation:
#WLD is currently testing the resistance at its 24-hour high, attempting a bullish breakout in the AI sector.
next Next Potential targets:
๐ฏ $1.202 (24h high - immediate resistance)
๐ฏ $1.250 (potential next resistance level if breakout is successful)
๐ฏ $1.300 (further potential resistance with sustained momentum)
๐ก๏ธImportant Support Level (to watch for potential pullback):
๐ก๏ธ $1.150 (potential near-term support zone)
๐ Stop Loss: Consider a stop loss around $1.130 to protect against a failed breakout attempt.
๐ **Potential Price Path in the Next Hours:**
#WLD is showing strong bullish intent as it tests the $1.202 resistance. A sustained break above this level with increasing volume would likely confirm a bullish breakout, potentially leading to a rapid move towards $1.250 and further towards $1.300. The elevated RSI supports this potential upward trajectory within the AI sector. Monitor volume closely for confirmation of the breakout.
Buy and trade here on $WLD