$WLD
Long vs. Short Probabilities
Bullish Scenario (Long) - 60% Probability
✅ Break of the previous bearish structure.
✅ Strong bullish momentum with +9.31% in the last candle.
✅ Increase in open interest, suggesting entry of new buyers.
🚨 The zone of $0.95 - $1.00 is key; if there is rejection, a correction could follow.
Bearish Scenario (Short) - 40% Probability
✅ WT_LB shows overbought conditions, which may lead to a pullback.
✅ Possibility that the increase in open interest includes short positions, expecting a drop from resistance.
✅ If the price loses $0.85, a correction to $0.75 could occur.
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Final Conclusion
The bias is bullish, but with caution near $0.95 - $1.00. If volume confirms, the next target is $1.15. If there is rejection and a drop below $0.85, the price could return to $0.75. The best strategy would be to wait for confirmations before entering.