WLD Bounces from Key Support: Bullish Reversal in Sight?
WLD has recently bounced from a key horizontal support zone, indicating potential for a bullish reversal if this level holds.
Support Zone: Price has reacted strongly from the $1.20–$1.30 range, a critical support level.
Bullish Scenario: If WLD maintains this support, we could see a recovery towards the $2.00–$2.50 resistance levels in the coming weeks.
Bearish Risk: A breakdown below this support could trigger further downside pressure, targeting lower levels.
The RSI is showing signs of a possible reversal from oversold conditions, supporting the bullish case.
#WLD #Crypto
Support Zone: Price has reacted strongly from the $1.20–$1.30 range, a critical support level.
Bullish Scenario: If WLD maintains this support, we could see a recovery towards the $2.00–$2.50 resistance levels in the coming weeks.
Bearish Risk: A breakdown below this support could trigger further downside pressure, targeting lower levels.
The RSI is showing signs of a possible reversal from oversold conditions, supporting the bullish case.
#WLD #Crypto
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Register on Blofin and trade with me: bit.ly/Mojo1000
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.