$WLD Trend Analysis:

#WLD​​​ has consistently operated above the bullish trend line, but recently experienced a significant drop with high volume, breaking through the bullish support trend line, and the price has fallen below the moving average too much, which may lead to a potential corrective move back to the average price.

Next, it is important to watch whether the price can successfully rebound to the average price and pull the K line back above the bullish trend line. If it can return and stabilize above the bullish trend line, this trend line will turn into support below, and there will be considerable upward potential above, with the resistance level roughly around 3.75. However, if the trend line fails to break through and forms a resistance level, the K line may continue to weaken, and the bearish trend will persist. #WLD​​​