$WLD /USDT – Chart Analysis & Trade Setup
Structure Observed:
Double Bottom Pattern at ~$1.08–$1.10 zone, confirmed by the breakout above the neckline.
Higher Low (L) and Higher High (H) forming a bullish market structure.
Breakout of Resistance around $1.21–$1.23, now acting as a potential support.
#WLD Price is now testing above $1.25 with bullish momentum.
Key Indicators:
EMA crossover (green over red) signals bullish strength.
Volume spike during breakout confirms strong buying interest.
Trade Setup:
Entry Zone: $1.24–$1.26
Target 1: $1.30 (short-term resistance)
Target 2: $1.38–$1.40 (mid-term target)
Stop-loss: Below $1.20 or below trendline support at ~$1.15
Bias: Bullish – as long as price holds above $1.20–$1.23 zone, trend continuation is likely.
Trade Here on $WLD