💥🔥$WLD Price Action Update: Critical Support & Resistance – Trade Plan Inside!👀🦅🦅🦅
✅ 🔍 Current Status:
✅ Current Price: $1.718 (~₹151.66)
✅ 24h High: $1.744 (Resistance)
✅ 24h Low: $1.585 (Strong Support)
✅ Price showing bullish momentum, but consolidation near resistance ($1.744).
⚡ Today’s Technical Outlook:
✅ Bullish Scenario (Preferred Setup):
➔ Price breaks and closes above $1.744 on good volume →
→ Next Targets:
• $1.780 – $1.800 (First target zone)
• $1.820 – $1.850 (Major resistance zone in higher timeframe).
🔥✅ Entry Zone:
• On breakout: Around $1.745 – $1.750
• Or conservative entry: After strong bullish candle closes above $1.744.
🔥👉Neutral / Sideways✨
Price may consolidate between $1.685 – $1.744.
→ Ideal strategy: Wait for breakout or dip toward $1.682 – $1.685 support zone for a potential low-risk entry (if strong support holds).
🔥👉❌ Bearish Scenario✨✨
Price drops below $1.682 – $1.685 support zone →
→ Next Support Levels:
• $1.650 – $1.655 (secondary support).
• Further drop target: $1.612 – $1.615 (strong support zone).
🔥👉⚠️ Entry for shorts✨✨
• After clear break and close below $1.682.
✅ Risk Management✨✨
🙏👉🔔 Use a Stop Loss:
• Long: Below support ($1.670 – $1.682)
• Short: Above resistance ($1.750 – $1.755).
👉💰 Position Size✨✨
• Keep risk per trade ≤ 1–2% of total capital.
🔥👉✅ Final Outlook ✨✨✨
Bullish Bias as long as $1.682 – $1.685 holds and $1.744 resistance breaks.
Watch Volume: High volume breakout above $1.744 will confirm strength.
⚡ Be cautious of false breakouts or sudden retracements.
Ideal strategy:
✨👉1. Buy at support bounce (conservative).
✨👉2. Enter breakout above $1.744 (aggressive).
