š¢$WLD/USDT POTENTIAL LONG TRADE SIGNAL ā Initial Target $1.080 š
WLD/USDT is currently trading around $1.039 and has recently bounced off the lower Bollinger Band (around $0.996). The RSI (14) is at 42.79, indicating that the asset is not yet overbought and has room for upward movement. If the price can break above the middle Bollinger Band (MA 20) at $1.088, a move towards the initial target of $1.080 becomes probable.
Trade Setup:
ā¢ Entry Zone: $1.035 - $1.045
ā¢ Initial Target (TP1): $1.080 ā
ā¢ Potential Further Target (TP2): $1.120 šÆ
ā¢ Stop-Loss: Below $1.010 š
The bullish scenario is more likely if the price can break and hold above the middle Bollinger Band. Watch for increasing volume on any upward move to support this potential long trade.
Disclaimer: NFA and DYOR.
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