The $WLD /USDT 4-hour chart highlights a significant support zone at $2.05–$2.10, consistently holding off further declines. This zone is pivotal for the next directional move, offering opportunities for both long and short trades.
Long Setup (If Support Holds)
Entry: Near $2.10 on a confirmed bullish bounce.
Stop Loss: Below $2.03.
Targets:
Target 1: $2.25
Target 2: $2.40 (if momentum is strong).
Short Setup (If Support Breaks)
Entry: Below $2.05 on a confirmed breakdown with volume.
Stop Loss: Above $2.12.
Targets:
Target 1: $1.95
Target 2: $1.85.
Tips for Traders
Monitor price action signals around the $2.05–$2.10 support zone before initiating any position.
Keep an eye on volume and momentum, as they could provide confirmation for breakouts or bounces.
This support zone is a decisive level—adapt strategies based on its behavior!
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