$WLD is exhibiting strong bullish momentum. The price has surged from a low of $0.926 to a new high of $1.20 within three days, indicating significant buying interest. The current support zone lies between $1.160 and $1.180, with immediate resistance at $1.20. If the price holds above $1.15, the rally is likely to continue toward the next resistance levels.

Short-term bullish targets are set at:

$1.270 (TP1) and $1.350 (TP2).

A daily close above $1.20 would confirm a breakout continuation, making $1.37 a realistic target in the short term. However, a pullback toward $1.15 remains a healthy possibility before another leg up.

Technical indicators support this bullish outlook. The MACD has crossed above its signal line, and the SuperTrend indicator has turned bullish, suggesting upward momentum. While the CCI and Williams %R indicators are in overbought territory, this is typical in strong uptrends and does not necessarily indicate an immediate reversal.