WLD is currently facing a key resistance zone that was previously acting as strong support — a classic flip that now caps upward moves.
Despite recent recovery, the price is still trading below the descending trendline, which continues to act as dynamic resistance.
Until we see a confirmed breakout above this confluence zone, upside potential remains limited. A rejection here could send the price back toward previous support levels.
Keep an eye on this area. A strong breakout could shift momentum, but for now, caution is warranted.
DYOR, NFA