🚨 Is it time to seize WLD before the explosion? 😱🔥
📊 Quick Technical Analysis – 4-Hour Frame
💧Price above EMA7/25/99 ➡️ Clear bullish signal.
💧RSI=60.5 ➡️ Positive momentum without overbought condition.
Double bottom pattern (W) nearing activation of its breakout above 1.06 🎯 First target ~1.21.
💡 Entry strategy:
1️⃣ Enter after closing 4H above 1.07 (breakout confirmation).
2️⃣ Or wait for a retest at 1.05–1.04.
🛡️ Stop loss: below 0.974.
🎯 Targets: 1.18–1.21 ➡️ 1.30 ➡️ 1.40.
⚠️ If the price returns below 1.03 with EMA7 crossing below EMA25 ➡️ be cautious of a drop towards 0.91.
🔍 Question: Do we see a fierce buying rush… or a trap for greedy speculators? 💭