$WLD Pivotal Moment at $1.354 – Resistance or Reversal?
WLD is currently trading at $1.354, exhibiting a recent bounce but now consolidating below immediate resistance. The market's next direction hinges on its ability to overcome overhead supply or if selling pressure intensifies.
Key Levels to Watch:
Resistance: $1.380 – A sustained breach above this level, ideally with increased volume, could propel WLD towards $1.400 and potentially the 24h high of $1.471.
Support: $1.340 – A decisive break below this critical support could see WLD retest the 24h low of $1.322 and potentially extend losses towards $1.300.
Trade Setup - Anticipate Price Discovery!
Bullish Entry: A confirmed move above $1.380 could target:
Target 1: $1.400
Target 2: $1.471
Bearish Entry: A break below $1.340 could target:
Target 1: $1.322
Target 2: $1.300
WLD/USDT stands at a critical juncture. A confirmed break of $1.380 signals a potential rally, while a slip below $1.340 could trigger further downside.