Are you looking for an enticing entry opportunity in WLD? Let's focus on the key support and resistance points:
🔥 Strong support points: at levels $1.05 and $1.03 and even $0.999, where the price may test these areas before recovering again.
🧲 Attractive accumulation area: near $1.10–$1.11, which is a midpoint that can be considered as a "buying strength zone" with a slight stop loss below $1.03.
✈️ First resistance target: $1.14–$1.16, and if the price closes above $1.16, the market may head towards $1.33 as a medium-term target, with the possibility of extending to $1.40 in case of strong momentum.
🔍 Tip: Do you have a small capital? You can split your purchases into batches: part at $1.05 and another part at $1.10, while monitoring the trading volume to confirm the strength of the move.
Enjoy your trading journey and study risk management carefully!
