$WLD Formation of an Uptrend in Play! 🔥
Current Price: $1.482 (+2.00%)
$WLD shows early signs of recovery after bouncing from the support area at $1.338. Buyers are regaining control of the one-hour chart.
📊 Market Structure:
Sharp reversal after dropping to a 24-hour low
Price is pushing towards slight resistance near $1.50
Bullish momentum forming higher lows
📈 Trade Setup:
Entry Zone: $1.470 – $1.490
TP1: $1.520
TP2: $1.555
TP3: $1.590
Stop Loss: $1.435
🔍 Key Levels:
Support: $1.338
Resistance: $1.500, then $1.572